LESSON 9-2 Journalizing Cash Payments Using a Cash Payments Journal

Slides:

Advertisements

Similar presentations

Learning Targets Chapter 9

Advertisements

Journalizing Purchases and Cash Payments Corporations Corporation – an organization with the legal rights of a person and which many persons may.

Journalizing Purchases Using a Purchases Journal.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning Accounting Bell Ringer Tuesday, February 21 BELL RINGER Purchases Journal Short Answer worksheet.

Journalizing Cash Payments Using a Cash Payments Journal

Journalizing Cash Payments Using a Cash Payments Journal

Chapter 9, Section 2.  Used to record payments of cash  Cash is always credited  Special vs. General amount columns.

Chapter 9 Journalizing Purchases and Cash Payments.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 1-3 Journalizing and Posting Cash Payments.

© 2014 Cengage Learning. All Rights Reserved. Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO8 Record cash payments using a cash payments.

LESSON 9-1 Journalizing Purchases Using a Purchases Journal

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 1-3 Journalizing and Posting Cash Payments.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 9-2 Journalizing Cash Payments Using a Cash Payments Journal.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 9-2 Journalizing Cash Payments Using a Cash Payments Journal.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 9-1 Journalizing Purchases Using a Purchases Journal.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 9-2 Journalizing Cash Payments Using a Cash Payments Journal.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 9-2 Journalizing Cash Payments Using a Cash Payments Journal.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 9-2 Journalizing Cash Payments Using a Cash Payments Journal.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning SPECISLIZED JOURNALS Yesterday we looked at using a Purchase Journal. What is the purpose.

LESSON PURCHASING MERCHANDISE page 236. LESSON PURCHASES ON ACCOUNT page 236.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 9-2 Journalizing Cash Payments Using a Cash Payments Journal  Cash payments journal.

Cash Payment Journal. Words to Know Cash Payments Journal List Price Trade Discount Cash Discount Purchases Discount Contra Account.

Financial Statements Review. Lesson 9-1 When you add all of the Accounts Payable Ledger account balances, it will equal the balance of the Accounts Payable.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 1-3 Journalizing and Posting Cash Payments.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 9-4 Journalizing Other Transactions Using a General Journal.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 1-3 Journalizing and Posting Cash Payments NAME: ___________________________ DATE: _____________PERIOD:

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 3-1 Journals, Source Documents, and Recording Entries in a Journal.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 9-2 Journalizing Cash Payments Using a Cash Payments Journal.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 9-4 Journalizing Other Transactions Using a General Journal.

PURCHASE INVOICE Stamp date received and purchase invoice number. 2. Place a check mark by each amount. 3. Initials of person who checked invoice.

PURCHASING MERCHANDISE ON ACCOUNT

LESSON 5-4 5/29/2018 LESSON 5-4 Petty Cash GREEN.

Journals, Source Documents, and Recording Entries in a Journal

Journals, Source Documents, and Recording Entries in a Journal

LESSON 13-1 Recording A Payroll

LESSON 9-1 Journalizing Purchases Using a Purchases Journal

LESSON 9-4 Journalizing Other Transactions Using a General Journal

© 2014 Cengage Learning. All Rights Reserved.

Lesson 18-4 A GENERAL JOURNAL Lesson 18-4, page 470.

© 2014 Cengage Learning. All Rights Reserved.

LESSON 5-4 1/2/2019 LESSON 5-4 Petty Cash Blue.

LESSON 5-4 1/2/2019 LESSON 5-4 Petty Cash GREEN.

LESSON 11-1 Posting to an Accounts Payable Ledger

LESSON 9-1 Journalizing Purchases Using a Purchases Journal

LESSON 3-2 2/19/2019 LESSON 3-2 Journalizing Buying Insurance, Buying on Account, and Paying on Account.

EXPANDED JOURNAL Lesson 10-1, page 229.

Journalizing Purchases and Cash Payments

Journals, Source Documents, and Recording Entries in a Journal

LESSON 9-4 Journalizing Other Transactions Using a General Journal

LESSON 9-4 Accounting for Cash Payments

LESSON 5-4 4/14/2019 LESSON 5-4 Petty Cash GREEN.

LESSON 5-4 4/10/2019 LESSON 5-4 Petty Cash Blue.

© 2014 Cengage Learning. All Rights Reserved.

LESSON 3-2 4/23/2019 LESSON 3-2 Journalizing Buying Insurance, Buying on Account, and Paying on Account.

LESSON 11-3 Posting from Journals to a General Ledger

© 2014 Cengage Learning. All Rights Reserved.

LESSON 11-3 Posting from Journals to a General Ledger

LESSON 11-1 Posting to an Accounts Payable Ledger

LESSON 11-3 Posting from Journals to a General Ledger

Journalizing Cash Payments Using a Cash Payments Journal

LESSON 9-4 Journalizing Other Transactions Using a General Journal

LESSON 9-4 Journalizing Other Transactions Using a General Journal

© 2014 Cengage Learning. All Rights Reserved.

LESSON 3-2 5/24/2019 LESSON 3-2 Journalizing Buying Insurance, Buying on Account, and Paying on Account GREEN.

PETTY CASH REPORT Date and Custodian Name

JOURNALIZING CASH PAYMENTS FOR EXPENSES

STARTING A NEW PAGE FOR AN ACCOUNT IN A GENERAL LEDGER

Journalizing Cash Payments Using a Cash Payments Journal

LESSON 3-2 8/1/2019 LESSON 3-2 Journalizing Buying Insurance, Buying on Account, and Paying on Account.

LESSON 9-4 Journalizing Other Transactions Using a General Journal

Presentation transcript:

LESSON 9-2 Journalizing Cash Payments Using a Cash Payments Journal 2/24/2019 LESSON 9-2 Journalizing Cash Payments Using a Cash Payments Journal

LESSON 9-2 2/24/2019 CASH PAYMENTS JOURNAL page 242 LESSON 9-2

CASH PAYMENT OF AN EXPENSE page 243 November 2. Paid cash for advertising, $150.00. Check No. 292. 1 2 3 4 5 1. Write the date. 2. Write the account title. 3. Write the check number. 4. Write the debit amount. 5. Write the credit amount. LESSON 9-2

BUYING SUPPLIES FOR CASH LESSON 9-2 2/24/2019 BUYING SUPPLIES FOR CASH page 243 November 5. Paid cash for office supplies, $94.00. Check No. 293. 1 2 3 4 5 1. Write the date. 2. Write the account title. 3. Write the check number. 4. Write the debit amount. 5. Write the credit amount. LESSON 9-2

CASH PAYMENTS FOR PURCHASES LESSON 9-2 2/24/2019 CASH PAYMENTS FOR PURCHASES page 244 November 7. Purchased merchandise for cash, $600.00. Check No. 301. 2 1 3 4 5 1. Write the date. 2. Write the account title. 3. Write the check number. 4. Write the debit amount. 5. Write the credit amount. LESSON 9-2

CASH PAYMENTS ON ACCOUNT WITH PURCHASES DISCOUNTS page 245 November 8. Paid cash on account to Gulf Craft Supply, $488.04, covering Purchase Invoice No. 82 for $498.00, less 2% discount, $9.96. Check No. 302. 5 6 1 2 4 3 1. Write the date. 2. Write the account title of the vendor. 3. Write the check number. 4. Write the debit amount. 5. Write the credit amount. 6. Write the credit amount. LESSON 9-2

CASH PAYMENTS ON ACCOUNT WITH PURCHASES DISCOUNTS LESSON 9-2 2/24/2019 CASH PAYMENTS ON ACCOUNT WITH PURCHASES DISCOUNTS page 246 November 13. Paid cash on account to American Paint, $2,650.00, covering Purchase Invoice No. 77. Check No. 303. 1 2 4 5 3 1. Write the date. 2. Write the vendor account title. 3. Write the check number. 4. Write the debit amount. 5. Write the credit amount. LESSON 9-2

TERMS REVIEW cash payments journal cash discount purchases discount LESSON 9-2 2/24/2019 TERMS REVIEW page 247 cash payments journal cash discount purchases discount general amount column list price trade discount contra account LESSON 9-2