Completed Accounting Forms and Making Correcting Entries

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LESSON 4-1 Preparing a Chart of Accounts

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Completed Accounting Forms and Making Correcting Entries LESSON 4-4 Completed Accounting Forms and Making Correcting Entries

JOURNAL PAGE WITH POSTING COMPLETED LESSON 4-4

MEMORANDUM FOR A CORRECTING ENTRY page 108 LESSON 4-4

JOURNAL ENTRY TO RECORD A CORRECTING ENTRY page 108 November 13. Discovered that a payment of cash for advertising in October was journalized and posted in error as a debit to Miscellaneous Expense instead of Advertising Expense, $140.00. Memorandum No. 15. 1 Date 2 Debit 4 Source Document 3 Credit LESSON 4-4

Lesson 4-4 12/7/2018 TERMS REVIEW page 109 correcting entry – a journal entry made to correct an error in a previous journal. audit – an official financial examination of an individual’s or organization’s accounts. LESSON 4-4