1. Recording Journal Entries16 9
Nov.
20—
Supplies –
Bank –
Letterhead and envelopes; cheque #40 12
Equipment –
A/P—World Wide Fibre Optics –
Bank –
Network software installation; issued cheque #41 with the balance due in 30 days.
Enter the debit amount(s)
Skip a line and complete next entry
Enter the credit amount(s)
Write a brief explanation (at left margin)
Enter the date
Indent and enter the credit account(s)
Enter the debit account(s)

2. General Journal Facts Consecutive page numbers16
Consecutive page numbers
Each journal entry balances
Account titles are capitalized
Supplies –
Bank
Letterhead and envelopes; cheque #40 12
Equipment
A/P—World Wide Fibre Optics
Network software installation; issued cheque #41 with the balance due in 30 days. – – – 9
Nov.
20—
A “compound entry” affects more than two accounts

3. Opening Journal Entry 1
Bank
Supplies
Equipment
Bank Loan
Opening financial position of Shirley Cassar –
Shirley Cassar, Capital – – 30
Oct.
20—
Automobile – – –
Amounts in the opening journal entry are the same as amounts on the opening balance sheet