LESSON 8-3 Preparing a Post-Closing Trial Balance

Slides:

Advertisements

Similar presentations

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 22-1 Preparing a Work Sheet for a Corporation.

Advertisements

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 22-4 Adjusting, Closing, and Reversing Entries for a Corporation.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 8-1 Recording Adjusting Entries.

Lesson 26-4 (GJ) ADJUSTING ENTRIES Lesson 26-4, page 677.

© 2014 Cengage Learning. All Rights Reserved. Learning Objective © 2014 Cengage Learning. All Rights Reserved. LO5 Prepare a post-closing trial balance.

© 2014 Cengage Learning. All Rights Reserved. Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO2 Prepare a post-closing trial balance.

Recording Adjusting and Closing Entries for a Service Business Chapter 8, Section 3.

Closing the Accounting Cycle

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 16-3 Preparing a Post-Closing Trial Balance.

Chapter Five 7 Words.

LESSON 16-3 Preparing a Post-Closing Trial Balance

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 8-3 Preparing a Post-Closing Trial Balance  General ledger accounts after posting.

LESSON 8-3 Preparing a Post-Closing Trial Balance

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 8-3 Preparing a Post-Closing Trial Balance.

Recording and Adjusting Closing Entries. 2LESSON 8-1 ADJUSTING ENTRY FOR SUPPLIES 1 2 page Write the title of the account credited. Record the.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 16-3 Preparing a Post-Closing Trial Balance.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 8-3 Preparing a Post-Closing Trial Balance.

© 2000 South-Western Educational Publishing POST-CLOSING TRIAL BALANCE Write the heading. 2.Write titles of all general ledger accounts with balances.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 16-3 Preparing a Post-Closing Trial Balance  Completed general ledger  Post-closing.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 8-3 Preparing a Post-Closing Trial Balance.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 8-3 Preparing a Post-Closing Trial Balance.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 8-3 Preparing a Post-Closing Trial Balance Original created by M.C. McLaughlin, Thomson/South-Western.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 8-3 Preparing a Post-Closing Trial Balance.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 16-1 Recording Adjusting Entries.

LESSON 6-1 Creating a Worksheet

LESSON 6-1 Creating a Worksheet

The Accounting Cycle Analyze Source Documents Journalize Transactions

Planning Adjusting Entries on a Work Sheet

LESSON 8-1 Recording Adjusting Entries

LESSON 8-1 Recording Adjusting Entries

Accounting I Chapter 9 – Recording Adjusting & Closing Entries for a Service Business.

Adjusting, Closing, and Reversing Entries for a Corporation

Recording Adjusting and Closing Entries for a Service Business

Adjusting, Closing, and Reversing Entries for a Corporation

Recording Adjusting and Closing Entries

LESSON 6-2 Planning Adjusting Entries on a Work Sheet

Post-Closing Trial Balance

© 2014 Cengage Learning. All Rights Reserved.

JOURNALIZING ADJUSTING ENTRIES FOR A DEPARTMENTALIZED BUSINESS

© 2014 Cengage Learning. All Rights Reserved.

POST-CLOSING TRIAL BALANCE

The Accounting cycle Agenda for next Week.

LESSON 4-1 Preparing a Chart of Accounts

Lesson 26-4 ADJUSTING ENTRIES Lesson 26-4, page 675.

LESSON 8-3 Preparing a Post-Closing Trial Balance

LESSON 8-1 Recording Adjusting Entries

LESSON 8-3 Preparing a Post-Closing Trial Balance

LESSON 6-1 Creating a Worksheet

LESSON 6-1 Creating a Worksheet

Recording Adjusting and Closing Entries

LESSON 8-3 Preparing a Post-Closing Trial Balance

LESSON 6-1 Creating a Worksheet

LESSON 6-1 Creating a Worksheet

LESSON 6-2 Planning Adjusting Entries on a Work Sheet

LESSON 8-2 Preparing a Post-Closing Trial Balance

© 2014 Cengage Learning. All Rights Reserved.

© 2014 Cengage Learning. All Rights Reserved.

LESSON 6-1 Creating a Worksheet

LESSON 6-2 Planning Adjusting Entries on a Work Sheet

LESSON 6-1 Creating a Worksheet

LESSON 16-1 Recording Adjusting Entries

LESSON 8-1 5/22/2019 CHAPTER 8 Recording Adjusting Entries and Closing Entries for a Service Business.

LESSON 8-3 Preparing a Post-Closing Trial Balance

LESSON 8-1 Recording Adjusting Entries

© 2014 Cengage Learning. All Rights Reserved.

LESSON 4-5 End-of-Period Work for a Departmentalized Business

© 2014 Cengage Learning. All Rights Reserved.

LESSON 6-1 Creating a Worksheet

LESSON 16-5 Preparing a Post-Closing Trial Balance

Presentation transcript:

LESSON 8-3 Preparing a Post-Closing Trial Balance 12/8/2019 LESSON 8-3 Preparing a Post-Closing Trial Balance GREEN

GENERAL LEDGER ACCOUNTS AFTER ADJUSTING AND CLOSING ENTRIES ARE POSTED LESSON 8-3 12/8/2019 GENERAL LEDGER ACCOUNTS AFTER ADJUSTING AND CLOSING ENTRIES ARE POSTED page 213 LESSON 8-3 GREEN

POST-CLOSING TRIAL BALANCE page 216 1. Heading 4 1 2. Account titles 3. Account balances 2 3 4. Single rule 5. Compare totals 6. Totals 7. Record totals 6 7 8. Double rule 8 5 LESSON 8-3

ACCOUNTING CYCLE FOR A SERVICE BUSINESS page 217 1. Analyzes transactions 1 2. Journalize 2 3. Post 8 4. Prepare work sheet 5. Prepare financial statements 3 6. Journalize adjusting and closing entries 7 4 7. Post adjusting and closing entries 8. Prepare post-closing trial balance 6 5 LESSON 8-3

TERMS REVIEW post-closing trial balance accounting cycle page 219 LESSON 8-3