CENTURY 21 ACCOUNTING © Thomson/South-Western

March 13, 2014March 13, 2014

EQ: How do you create a Chart of Accounts and how do you post entries to a General Ledger?

DO NOW: start working on vocabulary

LEARNING ACTIVITY: Vocabulary Preview Sheet Start 4-1 notes

HOMEWORK:

EXIT TICKET: WOW handout

1

LESSON 4-1

CENTURY 21 ACCOUNTING © Thomson/South-Western

JANUARY 30, 2013JANUARY 30, 2013

EQ: How do you create a Chart of Accounts and how do you post entries to a General Ledger?

DO NOW: start working on vocabulary

LEARNING ACTIVITY: “Whacky Wheel” Wednesday Go over 4-1 OYO

HOMEWORK:

EXIT TICKET: WOW handout

2

LESSON 4-1

CENTURY 21 ACCOUNTING © Thomson/South-Western

LESSON 4-1LESSON 4-1

Preparing a Chart of Accounts

CENTURY 21 ACCOUNTING © Thomson/South-Western

4

LESSON 4-1

RELATIONSHIP OF A T ACCOUNT RELATIONSHIP OF A T ACCOUNT TO AN ACCOUNT FORMTO AN ACCOUNT FORM page 91

Balance columns

CENTURY 21 ACCOUNTING © Thomson/South-Western

5

LESSON 4-1

CHART OF ACCOUNTSCHART OF ACCOUNTS page 92

CENTURY 21 ACCOUNTING © Thomson/South-Western

6

LESSON 4-1

ACCOUNT NUMBERSACCOUNT NUMBERS page 92

CENTURY 21 ACCOUNTING © Thomson/South-Western

7

LESSON 4-1

1. Write the account title.

2. Write the account number.

OPENING AN ACCOUNT OPENING AN ACCOUNT IN A GENERAL LEDGERIN A GENERAL LEDGER page 94

11 22

CENTURY 21 ACCOUNTING © Thomson/South-Western

8

LESSON 4-1

TERMS REVIEWTERMS REVIEW

ledger general ledger account number file maintenance opening an account

page 95

CENTURY 21 ACCOUNTING © Thomson/South-Western

LESSON 4-2LESSON 4-2

Posting Separate Amountsfrom a Journal to aGeneral Ledger

CENTURY 21 ACCOUNTING © Thomson/South-Western

10

LESSON 4-2

1. Write the date. 4. Write the new account balance.

2. Write the journal page number.

3. Write the debit amount.

5. Return to the journal and write the account number.

POSTING AN AMOUNT POSTING AN AMOUNT FROM A GENERAL DEBIT COLUMNFROM A GENERAL DEBIT COLUMN page 96

33 5511

2244

CENTURY 21 ACCOUNTING © Thomson/South-Western

11

LESSON 4-2

POSTING A SECOND AMOUNT POSTING A SECOND AMOUNT TO AN ACCOUNTTO AN ACCOUNT page 97

335511

22

44

1. Write the date. 4. Write the new account balance.

2. Write the journal page number.

3. Write the debit amount.

5. Return to the journal and write the account number.

CENTURY 21 ACCOUNTING © Thomson/South-Western

12

LESSON 4-2

POSTING AN AMOUNT POSTING AN AMOUNT FROM A GENERAL CREDIT COLUMNFROM A GENERAL CREDIT COLUMN page 98

33

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44

1. Write the date. 4. Write the new account balance.

2. Write the journal page number.

3. Write the credit amount.

5. Return to the journal and write the account number.

22

CENTURY 21 ACCOUNTING © Thomson/South-Western

13

LESSON 4-2

TERM REVIEWTERM REVIEW

posting

page 99

CENTURY 21 ACCOUNTING © Thomson/South-Western

LESSON 4-3LESSON 4-3

Posting Column Totalsfrom a Journal to aGeneral Ledger

CENTURY 21 ACCOUNTING © Thomson/South-Western

15

LESSON 4-3

CHECK MARKS SHOW THAT AMOUNTS CHECK MARKS SHOW THAT AMOUNTS ARE NOT POSTEDARE NOT POSTED page 100

Check mark indicates that amounts ARE NOT posted individually.

Check mark indicates that amounts ARE NOT posted individually.

Check mark indicates that general amount column totals ARE NOT posted.

Check mark indicates that general amount column totals ARE NOT posted.

CENTURY 21 ACCOUNTING © Thomson/South-Western

16

LESSON 4-3

POSTING THE TOTAL POSTING THE TOTAL OF THE SALES CREDIT COLUMNOF THE SALES CREDIT COLUMN page 101

11

44

1. Write the date. 4. Write the new account balance.

2. Write the journal page number.

3. Write the column total.

5. Return to the journal and write the account number.

2233 55

CENTURY 21 ACCOUNTING © Thomson/South-Western

17

LESSON 4-3

POSTING THE TOTAL POSTING THE TOTAL OF THE CASH DEBIT COLUMNOF THE CASH DEBIT COLUMN page 102

11

44

1. Write the date. 4. Write the new account balance.

2. Write the journal page number.

3. Write the column total.

5. Return to the journal and write the account number.

225533

CENTURY 21 ACCOUNTING © Thomson/South-Western

18

LESSON 4-3

POSTING THE TOTAL POSTING THE TOTAL OF THE CASH CREDIT COLUMNOF THE CASH CREDIT COLUMN page 103

11

44

1. Write the date. 4. Write the new account balance.

2. Write the journal page number.

3. Write the column total.

5. Return to the journal and write the account number.

2255

33

CENTURY 21 ACCOUNTING © Thomson/South-Western

•Do Now/Warm-Up:• List the five steps to post transactions from a Journal to General Ledgers.•True/False: Separate amounts in general amount columns are not posted individually.•True/False: The first digit of account numbers for accounts in the owner’s equity ledger division is 3.

•Go over 4-4 Work Together:Workbook Page 65, textbook page 109

•4-4 On Your Own:Workbook Page 65, textbook page 110

4-1 Application Problem (Chart of Accounts) – (graded assignment 50 pts)Workbook Page 67, textbook page 111

Exit Ticket - handout

AGENDA – Thursday, February 9, 20124-4 EQ: How do you journalize and post a How do you journalize and post a correcting entry?correcting entry?

CENTURY 21 ACCOUNTING © Thomson/South-Western

FEBRUARY 5, 2013FEBRUARY 5, 2013

20

LESSON 4-1

EQ: Why is it necessary to post to a general ledger?

DO NOW: ½ sheet

LEARNING ACTIVITY:• Finish 4-2 and 4-3 Work Together• Do 4-2 and 4-3 On Your Own• Finish 4-1 Application Problem

HOMEWORK: x-word puzzle

EXIT TICKET: Post-it (parking lot)

CENTURY 21 ACCOUNTING © Thomson/South-Western

FEBRUARY 8, 2013FEBRUARY 8, 2013

21

LESSON 4-1

EQ: Why is it necessary to post to a general ledger?

DO NOW: ½ sheet

LEARNING ACTIVITY:• Go over 4-3 On Your Own - postings• Go over Chapter 4 Preview Sheet• Website to review vocabulary

• Accountingxtra.swlearning.com

HOMEWORK: none

EXIT TICKET: Post-it (parking lot)

Next Quiz: Tuesday, February 12

CENTURY 21 ACCOUNTING © Thomson/South-Western

FEBRUARY 12, 2013FEBRUARY 12, 2013

22

LESSON 4-1

EQ: Why is it necessary to post to a general ledger?

DO NOW: ½ sheet

LEARNING ACTIVITY:• Chapter 4 quiz• 4-2 and 4-3 Application Problem (APLIA) – Week 25

HOMEWORK: none

EXIT TICKET: Post-it (parking lot)

Next Test: Chapter 4 Test, Tuesday, February 19

CENTURY 21 ACCOUNTING © Thomson/South-Western

FEBRUARY 15, 2013FEBRUARY 15, 2013

23

LESSON 4-1

EQ: Why is it necessary to post to a general ledger?

DO NOW: find your assigned computer

LEARNING ACTIVITY:• 4-2 and 4-3 Application Problem (APLIA) – Week 25• Chapter 4 Study Guide – Week 25 • Chapter 4 on-line quiz: accountingxtra.swlearning.com• Go over quiz (bananas)

HOMEWORK: study for test

EXIT TICKET: Post-it (parking lot)

Next Test: Chapter 4 Test, Tuesday, February 19

CENTURY 21 ACCOUNTING © Thomson/South-Western

LESSON 4-4LESSON 4-4

Completed Accounting Forms and Making Correcting Entries

CENTURY 21 ACCOUNTING © Thomson/South-Western

25

LESSON 4-4

JOURNAL PAGE JOURNAL PAGE WITH POSTING COMPLETEDWITH POSTING COMPLETED page 105

CENTURY 21 ACCOUNTING © Thomson/South-Western

26

LESSON 4-4

MEMORANDUM MEMORANDUM FOR A CORRECTING ENTRYFOR A CORRECTING ENTRY page 108

CENTURY 21 ACCOUNTING © Thomson/South-Western

27

LESSON 4-4

JOURNAL ENTRY JOURNAL ENTRY TO RECORD A CORRECTING ENTRYTO RECORD A CORRECTING ENTRY page 108

44

Source DocumentSource Document

33CreditCredit

11 DateDate 22 DebitDebit

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.

CENTURY 21 ACCOUNTING © Thomson/South-Western

28

LESSON 4-4

TERM REVIEWTERM REVIEW

correcting entry

page 109

CENTURY 21 ACCOUNTING © Thomson/South-Western

FEBRUARY 19, 2013FEBRUARY 19, 2013

29

LESSON 4-1

EQ: Why is it necessary to post to a general ledger?

DO NOW: find your assigned computer and review for test

LEARNING ACTIVITY:• Chapter 4 Test (APLIA)• Read over Chapter 5

HOMEWORK: none

EXIT TICKET: Post-it (parking lot)

CENTURY 21 ACCOUNTING © Thomson/South-Western

April 15, 2014April 15, 2014

30

LESSON 4-1

EQ: Why is it necessary to post to a general ledger?

DO NOW: find your assigned computer and review for test

LEARNING ACTIVITY:• Go over Study Guide• Posting quiz• Chapter 4 On-line quiz

• Accountingxtra.swlearning.com

HOMEWORK: none

EXIT TICKET: Post-it (parking lot)

CENTURY 21 ACCOUNTING © Thomson/South-Western

May 5, 2014May 5, 2014

31

LESSON 4-1

EQ: Why is it necessary to post to a general ledger?

DO NOW: find your assigned computer and review for test

LEARNING ACTIVITY:• Review posting• Posting quiz• Chapter 4 On-line quiz

• Accountingxtra.swlearning.com

HOMEWORK: study – Chapter 4 Test Wednesday

EXIT TICKET: Post-it (parking lot)

CENTURY 21 ACCOUNTING © Thomson/South-Western

April 11, 2014April 11, 2014

32

LESSON 4-1

EQ: Why is it necessary to post to a general ledger?

DO NOW: find your assigned computer

LEARNING ACTIVITY:• APLIA – 4-1 Application Problem – (Week 32)• APLIA – 4-2 Application Problem – (Week 32)• APLIA – 4-3 Application Problem – (Week 32)

HOMEWORK: none

EXIT TICKET: Post-it (parking lot)

CENTURY 21 ACCOUNTING © Thomson/South-Western

May 7, 2014May 7, 2014

33

LESSON 4-1

EQ: Why is it necessary to post to a general ledger?

DO NOW: find your assigned computer

LEARNING ACTIVITY:• Chapter 4 Test

HOMEWORK: none

EXIT TICKET:

CENTURY 21 ACCOUNTING © Thomson/South-Western

May 9, 2014May 9, 2014

34

LESSON 4-1

EQ: Why is it necessary to post to a general ledger?

DO NOW: find your assigned computer

LEARNING ACTIVITY:• Chapter 4 Test – Week 36• Make-up work

HOMEWORK: none

EXIT TICKET: