LESSON 5-1 Preparing A Chart Of Accounts
LESSON 5-1Preparing a Chart of AccountsCENTURY 21 ACCOUNTING Thomson/South-Western
2TERMS REVIEW1. ledger2. general ledger3. account number4. file maintenance5. opening anaccountpage 111 Arranging accounts,assigning numbers,keeping records Number assigned toaccount Contains all the accounts Writing an account title andnumber on the heading ofan account A group of accountsCENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
3RELATIONSHIP OF A T ACCOUNTTO AN ACCOUNT FORMpage 96Balance columnsAlso known as balanceruled account formCENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
4CHART OF ACCOUNTSAssets - most liquidLiabilities & OE AlphabeticallyCENTURY 21 ACCOUNTING Thomson/South-Westernpage 97Arrange in the same order appearon financial statements. Assets,Liabilities, Ownerʼs Equity,Revenue, and ExpensesLESSON 5
5ACCOUNT NUMBERSCENTURY 21 ACCOUNTING Thomson/South-Westernpage 97LESSON 5
6OPENING AN ACCOUNTIN A GENERAL LEDGER1page 9921. Write the account title after the word Account in the heading.2. Write the account number after the words Account No. in the heading.CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
7Work Together3. Prepare a Chart of Accounts1. Start with Assets, Liabilities, etc 2. Number by 10s with in GroupingExample:Cash - 100Accts Rec - Amber Jorgenson - 110? - How do you arrange Assets? How do you arrange Liabilitiesand OE? What are the General Ledger Divisions?See page 97CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
8Work Together4. Add the two new accounts:1. Gasoline Expense2. Utilities Expense? - What is the General Ledger Division? What order do they go?What is their Account Number?See page 98CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
9Work Together5. In Working Papers, Open Cash? What is written 1st and where? What is written next? Whatform would we be using (official name)?See page 99CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
LESSON 5-2Posting from a GeneralJournal to a General LedgerCENTURY 21 ACCOUNTING Thomson/South-Western
11TERM REVIEWpage 101 postingCENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
12POSTING AN AMOUNT FROM THE DEBITCOLUMN OF A GENERAL JOURNALpage 96251341. 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 writethe account number.CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
13POSTING AN AMOUNT FROM THE CREDITpage 97COLUMN OF A GENERAL JOURNAL251341. 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 writethe account number.CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
14POSTING A DEBIT AMOUNT TO ANACCOUNT WITH A DEBIT BALANCEpage 98251341. 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 writethe account number.CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
15POSTING A DEBIT AMOUNT TO ANACCOUNT WITH A CREDIT BALANCEpage 99251341. 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 writethe account number.CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
16JOURNAL PAGE WITH POSTINGCOMPLETEDpage 100(continued on next slide)CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
17JOURNAL PAGE WITH POSTINGCOMPLETEDpage 100(continued from previous slide)CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
18Work Together 5.2CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
LESSON 5-3Completed GeneralLedger, Proving Cash, andMaking Correcting EntriesCENTURY 21 ACCOUNTING Thomson/South-Western
20TERMS REVIEWpage 108 proving cash correcting entryCENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
21GENERAL LEDGER WITH POSTINGCOMPLETEDpage 102(continued on next slide)CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
22GENERAL LEDGER WITH POSTINGCOMPLETEDpage 103(continued on next slide)CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
23GENERAL LEDGER WITH POSTINGCOMPLETEDpage 103(continued on next slide)CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
24GENERAL LEDGER WITH POSTINGCOMPLETEDpage 104(continued on next slide)CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
25GENERAL LEDGER WITH POSTINGCOMPLETEDpage 104(continued on next slide)CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
26GENERAL LEDGER WITH POSTINGCOMPLETEDpage 105(continued on next slide)CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
27GENERAL LEDGER WITH POSTINGCOMPLETEDpage 105(continued from previous slide)CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
28PROVING CASHCENTURY 21 ACCOUNTING Thomson/South-Westernpage 106LESSON 5
29MEMORANDUMFOR A CORRECTING ENTRYCENTURY 21 ACCOUNTING Thomson/South-Westernpage 106LESSON 5
30JOURNAL ENTRYTO RECORD A CORRECTING ENTRYpage 107November 13. Discovered that a paymentof cash for advertising in October wasjournalized and posted in error as a debitto Miscellaneous Expense instead ofAdvertising Expense, 140.00.Memorandum No. 15.12Date4CreditDebitSource Document3CENTURY 21 ACCOUNTING Thomson/South-WesternLESSON 5
CENTURY 21 ACCOUNTING Thomson/South-Western 2 LESSON 5 TERMS REVIEW 1. ledger 2. general ledger 3. account number 4. file maintenance
4 Step Phonics Quiz Scores Step 1 Step 2 Step 3 Step 4 Lesson 1 Lesson 2 Lesson 3 Lesson 4 Lesson 5 Lesson 6 Lesson 7 Lesson 8 Lesson 9 Lesson 10 Lesson 11 Lesson 12 Lesson 13 Lesson 14 Lesson 15 . Zoo zoo Zoo zoo Yoyo yoyo Yoyo yoyo You you You you
Participant's Workbook Financial Management for Managers Institute of Child Nutrition iii Table of Contents Introduction Intro—1 Lesson 1: Financial Management Lesson 1—1 Lesson 2: Production Records Lesson 2—1 Lesson 3: Forecasting Lesson 3—1 Lesson 4: Menu Item Costs Lesson 4—1 Lesson 5: Product Screening Lesson 5—1 Lesson 6: Inventory Control Lesson 6—1
Lesson 41 Day 1 - Draft LESSON 42 - DESCRIPTIVE PARAGRAPH Lesson 42 Day 1 - Revise Lesson 42 Day 1 - Final Draft Lesson 42 - Extra Practice LESSON 43 - EXPOSITORY PARAGRAPH Lesson 43 Day 1 - Brainstorm Lesson 43 Day 1 - Organize Lesson 43 Day 1 - Draft LESSON 44 - EXPOSITORY PARAGRAPH Lesson 44 Day 1 - Revise
7 NRP Provider Course Overview Lesson 1: Foundation of Neonatal Lesson 2: Preparing for Resuscitation Lesson 3: Initial Steps of Newborn Care Lesson 4: Positive Pressure Ventilation Lesson 5: Alternative Airways: Endotracheal tubes and Laryngeal Masks Lesson 6: Chest Compressions Lesson 7: Medications Lesson 8: Post Resuscitation Care Lesson 9: Resuscitation Stabilization of Babies Born
iii UNIT 1 Lesson 1 I’m studying in California. 1 Lesson 2 Do you have anything to declare? 5 Lesson 3 From One Culture to Another 8 UNIT 2 Lesson 1 You changed, didn’t you? 13 Lesson 2 Do you remember . . . ? 17 Lesson 3 Women’s Work 20 UNIT 3 Lesson 1 We could have an international fall festival! 25 Lesson 2 You are cordially invited. 29 Lesson 3 Fall Foods 32 UNIT 4 Lesson 1 Excuses .
For Children 4-7 Years Old Series 6 Old Testament: Genesis From Creation to the Patriarchs Lesson 1 Creation Lesson 2 Adam and Eve Lesson 3 Cain and Abel Lesson 4 Noah and the Ark Lesson 5 Abraham’s Call Lesson 6 Isaac – The Son of Promise Lesson 7 Isaac and Rebekah Lesson 8 Jacob and Esau Lesson 9 Jacob Marries Rachel Lesson 10 Jacob is .
Contents Preface 4 Lesson 1 What Is Wisdom? 14 Lesson 2 Wisdom and Foolishness 27 Lesson 3 The Example of Wise Men 40 Lesson 4 Our Home Life 55 Lesson 5 Honoring Our Parents 71 Lesson 6 Freedom and Responsibility 85 Lesson 7 How Attitudes Affect Actions 102 Lesson 8 Right Attitudes About Myself 117 Lesson 9 Good Friends and Bad Friends 130 Lesson 10 Choosing the Right Friends 140
Lesson Plan). The lesson plan (sometimes also called lesson note) is included both Type A and Type B. The format of the lesson plan is the same as the standard lesson plan that Ghana Education Service (GES) provides. The sample lesson plans of Type A also contain “lesson plan with teaching hints” on the next page of the standard lesson plan.
