Chapter 6 The Journal and Source Documents 1

Chapter 6 The Journal and Source Documents 1 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition 6

Making Journal Entries This tutorial guides you through creating journal entries. For more detailed instructions, refer to Section 6. 1 of the Accounting 1 textbook. 2 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition

Making Journal Entries Enter the page number. 3 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition

Making Journal Entries Enter the date. The month and year goes in the first date column. The day of the month goes in the second date column. 4 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition

Making Journal Entries Enter the debit account(s). 5 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition

Making Journal Entries Enter the debit amount(s). 6 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition

Making Journal Entries Enter the credit account(s). Be sure to indent the account name. 7 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition

Making Journal Entries Enter the credit amount(s). 8 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition

Making Journal Entries Write a short description of the transaction. Include the source document number if available. 9 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition

Making Journal Entries Skip a line and start the next transaction. If the transaction occurs in the same month as the previous one, you do not need to re-write the month and year. 10 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition

Making Journal Entries Enter the debit account(s). 11 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition

Making Journal Entries Enter the debit amount(s). 12 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition

Making Journal Entries Enter the credit account(s). Be sure to indent the account name. 13 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition

Making Journal Entries Enter the credit amount(s). 14 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition

Making Journal Entries In this transaction, there are two credit entries. 15 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition

Making Journal Entries The amounts of the two credit entries equal the debit entry amount. 16 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition

Making Journal Entries Write a short description of the transaction. Include the source document number if available. You may use more than one line to write the explanation if necessary. 17 Chapter 6 – The Journal and Source Documents l Accounting 1, 7 th Edition