Accounting – 4/14/08

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 

II. 5-3  Completed General Ledger Proving Cash and making correcting entries

A) Read and Discuss Pgs.106-110

  1. General Ledger with Posting complete
  2. Proving cash
  3. Memo for correcting an entry
  4. 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


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