LESSON 3-1
Journals, Source
Documents, and
Recording Entries in a
Journal
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
2
A FIVE-COLUMN JOURNAL
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
page 57
LESSON 3-1
3
CHECKS
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
page 58
LESSON 3-1
4
SALES INVOICES
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
page 58
LESSON 3-1
5
OTHER SOURCE DOCUMENTS
page 59
calculator tape
receipt
memorandum
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-1
6
RECEIVED CASH FROM OWNER AS AN
INVESTMENT
page 60
August 1. Received cash from owner as an investment, $5,000.00.
Receipt No. 1.
1
3
4
3
2
1. Write the date in the Date column.
2. Write the debit amount in the Cash
Debit column.
3. Record the credit amount in the General Credit column. Write the
title of the account in the Account Title column.
4. Write the source document number in the Doc. No. column.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-1
7
PAID CASH FOR SUPPLIES
page 61
August 3. Paid cash for supplies, $275.00. Check No. 1.
1
2
2
3
4
1. Write the date in the Date column.
2. Record the debit amount in the General
Debit column. Write the title of the
account in the Account Title column.
3. Write the credit amount in the Cash Credit column.
4. Write the source document number in the Doc. No. column.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-1
8
TERMS REVIEW






journal
journalizing
special amount column
general amount column
entry
double-entry accounting
page 62






source document
check
invoice
sales invoice
receipt
memorandum
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-1
LESSON 3-2
Journalizing Buying
Insurance, Buying on
Account, and Paying on
Account
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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PAID CASH FOR INSURANCE
page 63
August 4. Paid cash for insurance, $1,200.00. Check No. 2.
1
2
2
3
4
1. Write the date in the Date column.
2. Record the debit amount in the General
Debit column. Write the title of the
account in the Account Title column.
3. Write the credit amount in the Cash Credit column.
4. Write the source document number in the Doc. No. column.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-2
11
BOUGHT SUPPLIES ON ACCOUNT
page 64
August 7. Bought supplies on account from Supply Depot, $500.00.
Memorandum No. 1.
1
2
4
2
3
3
1. Write the date in the Date column.
2. Record the debit amount in the General Debit
column. Write the title of the account in the
Account Title column.
3. Record the credit amount on the next line in
the General Credit column. Write the title of
the account in the Account Title column.
4. Write the source document number in the Doc. No. column on the first line
of the entry.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-2
12
PAID CASH ON ACCOUNT
page 65
August 11. Paid cash on account to Supply Depot, $300.00. Check No. 3.
2
1
2
3
4
1. Write the date in the Date column.
2. Record the debit amount in the General
Debit column. Write the title of the
account in the Account Title column.
3. Write the credit amount in the Cash Credit column.
4. Write the source document number in the Doc. No. column.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-2
LESSON 3-3
Journalizing Transactions
That Affect Owner’s Equity
and Receiving Cash on
Account
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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RECEIVED CASH FROM SALES
page 67
August 12. Received cash from sales, $295.00. Tape No. 12.
1
3
4
3
3
2
1. Write the date in the Date column.
2. Write the debit amount in the Cash
Debit column.
3. Write the credit amount in the Sales
Credit column. Place a check mark in
the Account Title column. A check mark
is also placed in the Post. Ref. column.
4. Write the source document number in the Doc. No. column.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-3
15
SOLD SERVICES ON ACCOUNT
page 68
August 12. Sold services on account to Oakdale School, $350.00. Sales
Invoice No. 1.
2
1
4
2
3
1. Write the date in the Date column.
2. Record the debit amount in the General
Debit column. Write the title of the
account in the Account Title column.
3. Write the credit amount in the Sales Credit column.
4. Write the source document number in the Doc. No. column.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-3
16
PAID CASH FOR AN EXPENSE
page 69
August 12. Paid cash for rent, $300.00. Check No. 4.
1
2
4
2
3
1. Write the date in the Date column.
2. Write the debit amount in the General
Debit column. Write the title of the
account in the Account Title column.
3. Write the credit amount in the Cash
Credit column.
4. Write the source document number in the Doc. No. column.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-3
17
RECEIVED CASH ON ACCOUNT
page 70
August 18. Received cash on account from Oakdale School, $200.00.
Receipt No. 2.
3
1
3
2
4
1. Write the date in the Date column.
2. Write the debit amount in the Cash
Debit column.
3. Record the credit amount in the General
Credit column. Write the title of the
account in the Account Title column.
4. Write the source document number in the Doc. No. column.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-3
18
PAID CASH TO OWNER FOR
PERSONAL USE
page 71
August 18. Paid cash to owner for personal use, $125.00. Check No. 6.
1
2
4
2
3
1. Write the date in the Date column.
2. Write the debit amount in the General
Debit column. Write the title of the
account in the Account Title column.
3. Write the credit amount in the Cash
Credit column.
4. Write the source document number in the Doc. No. column.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-3
LESSON 3-4
Proving and Ruling
a Journal
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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PROVING A JOURNAL PAGE
1
2
page 73
2
3
1. Add each of the amount columns.
2. Add the debit column totals, and then add the credit column totals.
3. Verify that the total debits and total credits are equal.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-4
21
RULING A JOURNAL PAGE
page 74
1
2
1.
2.
3.
4.
5.
3
Rule a single line.
Write the date.
Write Carried Forward.
Write each column total.
Rule double lines.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
5
4
LESSON 3-4
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STARTING A NEW JOURNAL PAGE
page 75
1
2
3
1. Write the page number.
4
2. Write the date.
3. Write Brought Forward in the Account Title column. A check
mark is also placed in the Post. Ref. column.
4. Record the column totals brought forward from the previous page.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-4
23
PROVING AND RULING A JOURNAL AT
THE END OF A MONTH
page 75
1
2
1.
2.
3.
4.
5.
3
Rule a single line.
On the next line, write the date.
Write the word Totals.
Write each column total.
Rule double lines.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
5
4
LESSON 3-4
24
STANDARD ACCOUNTING PRACTICES
2
3
4
page 77
1
5
6
7
8
9
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-4
25
TERM REVIEW
page 78
 proving cash
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-4