Transcript Lesson 4-1 - Hopkins High School

LESSON 4-1
Preparing a
Chart of Accounts
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2
TERMS REVIEW
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page 95
ledger
general ledger
account number
file maintenance
opening an account
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LESSON 4-1
3
RELATIONSHIP OF A T ACCOUNT
TO AN ACCOUNT FORM
page 91
Balance columns
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LESSON 4-1
4
CHART OF ACCOUNTS
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page 92
LESSON 4-1
5
ACCOUNT NUMBERS
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page 92
LESSON 4-1
6
OPENING AN ACCOUNT
IN A GENERAL LEDGER
1
page 94
2
1. Write the account title.
2. Write the account number.
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LESSON 4-1
7
Exercises to learn to create a chart of
accounts
Work Together:
text p 95, wp 57
OYO:
text p 95, wp 58
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LESSON 4-1
LESSON 4-2
Posting Separate Amounts
from a Journal to a
General Ledger
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TERM REVIEW
page 99
 Posting—transferring information from a journal entry
to a ledger account
 Cross-reference: having information documented in
two places to be able to check for accuracy
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LESSON 4-1
10
POSTING AN AMOUNT
FROM A GENERAL DEBIT COLUMN
1
page 96
5
3
2
4
1. Write the date.
2. Write the journal page number.
3. Write the debit amount.
4. Write the new account balance.
5. Return to the journal and write
the account number.
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LESSON 4-1
11
POSTING A SECOND AMOUNT
TO AN ACCOUNT
1
3
5
page 97
2
4
1. Write the date.
2. Write the journal page number.
3. Write the debit amount.
4. Write the new account balance.
5. Return to the journal and write
the account number.
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LESSON 4-1
12
POSTING AN AMOUNT
FROM A GENERAL CREDIT COLUMN
page 98
5
1
3
2
4
1. Write the date.
2. Write the journal page number.
3. Write the credit amount.
4. Write the new account balance.
5. Return to the journal and write
the account number.
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LESSON 4-1
13
Exercises for posting separate amounts
Work together 4-2:
Text: p 99, wp 59-61
OYO 4-2:
Text: p 99, wp 62-64
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LESSON 4-1
LESSON 4-3
Posting Column Totals from a
Journal to a General Ledger
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CHECK MARKS SHOW THAT AMOUNTS
ARE NOT POSTED
page 100
Check mark indicates that
amounts ARE NOT posted
individually.
Check mark indicates that
general amount column
totals ARE NOT posted.
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LESSON 4-1
16
POSTING THE TOTAL
OF THE SALES CREDIT COLUMN
3
1
page 101
5
2
4
1. Write the date.
2. Write the journal page number.
3. Write the column total.
4. Write the new account balance.
5. Return to the journal and write
the account number.
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LESSON 4-1
17
POSTING THE TOTAL
OF THE CASH DEBIT COLUMN
page 102
1
3
5
2
4
1. Write the date.
2. Write the journal page number.
3. Write the column total.
4. Write the new account balance.
5. Return to the journal and write
the account number.
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LESSON 4-1
18
POSTING THE TOTAL
OF THE CASH CREDIT COLUMN
page 103
3
1
5
2
4
1. Write the date.
2. Write the journal page number.
3. Write the column total.
4. Write the new account balance.
5. Return to the journal and write
the account number.
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LESSON 4-1
19
JOURNAL PAGE
WITH POSTING COMPLETED
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page 105
LESSON 4-1
20
Exercises for Posting column totals
Work Together 4-3:
Text: p 104, wp 59-61
OYO 4-3:
Text: p 104, wp 62-64
Application problem 4-2 & 4-3
Text: 111, wp 68-70
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LESSON 4-1
LESSON 4-4
Completed Accounting
Forms and Making
Correcting Entries
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22
TERM REVIEW
page 109
 correcting entry:
 a journal entry made to correct an error in the
ledger
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LESSON 4-1
23
MEMORANDUM
FOR A CORRECTING ENTRY
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page 108
LESSON 4-1
24
JOURNAL ENTRY
TO RECORD A CORRECTING ENTRY
page 108
November 13. Discovered that a payment
of cash for advertising in October was
journalized and posted in error as a debit
to Miscellaneous Expense instead of
Advertising Expense, $140.00.
Memorandum No. 15.
1
Date
2
Debit
4
Source Document
Credit
3
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LESSON 4-1
25
Chapter 4 Assignments
 Chapter 4 Study Guide
 Chapter 4 Application problem 4-1 (similar to test
item)
 Chapter 4 Mastery Problem
 Extra Credit: Chapter 4 Challenge Problem
 Test on Chapter 4
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LESSON 4-1