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Review and Homework

Review and Homework. Recording account transactions in the Journal, Ledger and Trial Balance. Normal Procedure. Start with New Account Balances. new. new. new. new. Review Homework Solution. New Homework. Start with Ledger T-Accounts (given to you)

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Review and Homework

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  1. Review and Homework Recording account transactions in the Journal, Ledger and Trial Balance

  2. Normal Procedure Start with New Account Balances new new new new

  3. Review Homework Solution

  4. NewHomework • Start with Ledger T-Accounts (given to you) • (Not Usual) Create a list showing, for each transaction, (a) what type of accounts were debited and credited, and (2) whether the account increased or decreased. • Prepare a Journal from the transactions implied in the T-account entries. • Prepare a trial balance from the T-account balances.

  5. The Data Seen in the General Ledger

  6. The Homework Problem 1. Accounts 2. Journal 3. Trial Balance

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