EYK3_2 - Recording and Posting Transactions Extend Your...

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Recording and  Posting  Transactions Extend Your  Knowledge:  3.2
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Journalize Post Prepare statements Close Prepare post-closing trial balance Adjust Prepare unadjusted trial balance Prepare adjusted trial balance 3 4 5 6 7 8 9 Analyze transactions 1 The Accounting Cycle
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Analyze transactions 1 Bank Statement Finlay Interiors January 2005 Jan.1 Deposit $10,000 Purchase Ticket Note Payable Client Billing Service Contract Carol Finlay invested $10,000 cash into the business. This would appear on a source document, the bank statement, as a deposit. This is a transaction and will therefore be recorded.
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Analyze transactions 1 Journalize 2 Bank Statement Finlay Interiors January 2005 Jan.1 Deposit $10,000 GENERAL JOURNAL Page 1 Date Account Titles and Explanation PR Debit Credit Jan. 1 Cash 101 1 0 000 Carol Finlay, Capital 301 10 000 Investment by owner The transaction is recorded in the general journal as a $10,000 debit to Cash and a $10,000 credit to
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EYK3_2 - Recording and Posting Transactions Extend Your...

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