RECORDING A DISHONORED CHECK ON A CHECK STUB

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RECORDING A DISHONORED CHECK ON A CHECK STUB 1. Write Dishonored Check $50. 00.

RECORDING A DISHONORED CHECK ON A CHECK STUB 1. Write Dishonored Check $50. 00. 2. Write the amount of the dishonored check. 3. Calculate and record the new subtotal. 1 2 3 Lesson 6 -3, page 136 © 2000 South-Western Educational Publishing

JOURNALIZING A DISHONORED CHECK November 29. Received notice from the bank of a dishonored

JOURNALIZING A DISHONORED CHECK November 29. Received notice from the bank of a dishonored check from Learn N Play, $35. 00, plus $15. 00 fee; total, $50. 00. Memorandum No. 55. 2. How is each account classified? Accounts Receivable—Learn N Play is an asset account. Cash is an asset account. 3. How is each classification changed? Assets are increased. Assets are decreased. 4. How is each amount entered in the accounts? Assets increase on the debit side. Assets decrease on the credit side. Accounts Rec. —Learn N Play Debit Normal Balance 50. 00 Cash Debit Normal Balance 50. 00 1. Which accounts are affected? Accounts Receivable—Learn N Play Cash Lesson 6 -3, page 137 © 2000 South-Western Educational Publishing

JOURNALIZING A DISHONORED CHECK 4 3 1 2 1. Write the date. 2. Debit

JOURNALIZING A DISHONORED CHECK 4 3 1 2 1. Write the date. 2. Debit Accounts Receivable—Learn N Play. 3. Credit Cash. 4. Write the source document number. Lesson 6 -3, page 137 © 2000 South-Western Educational Publishing

JOURNALIZING AN ELECTRONIC FUNDS TRANSFER 4 3 1 2 1. Write the date. 2.

JOURNALIZING AN ELECTRONIC FUNDS TRANSFER 4 3 1 2 1. Write the date. 2. Debit Accounts Payable—Kelson Enterprises. 3. Credit Cash. 4. Write the source document number. Lesson 6 -3, page 138 © 2000 South-Western Educational Publishing

JOURNALIZING A DEBIT CARD TRANSACTION 4 3 1 2 1. Write the date. 2.

JOURNALIZING A DEBIT CARD TRANSACTION 4 3 1 2 1. Write the date. 2. Debit Supplies. 3. Credit Cash. 4. Write the source document number. Lesson 6 -3, page 139 © 2000 South-Western Educational Publishing

TERMS REVIEW dishonored check electronic funds transfer debit card Lesson 6 -3, page 140

TERMS REVIEW dishonored check electronic funds transfer debit card Lesson 6 -3, page 140 © 2000 South-Western Educational Publishing