Accounting 11/01/07
Objectives:
- Define accounting terms related to posting from a general journal to a general ledger.
- Identify accounting concepts and practices related to posting from a general journal to a general ledger.
- Prove cash and journalize correcting entries
I. Bellwork
A. Page 111 (2) terms 1-4 Q & A (12 min)
II. 5-3 Completed General Ledger Proving Cash and making correcting entries
A) Read and Discuss Pgs.106-110
- General Ledger with Posting complete
- Proving cash
- Memo for correcting an entry
- Journal Entry to record a correction
III. Classwork
You will need to read each problem carefully and make correcting journal entries.
A) Pg.111 #5 & #6 wb pg. 75-76
B) Pg.113 5-3 wb pg.83
IV. Homework
A. Chapter 5 Ledger Balance Review/Quiz Tomorrow