Transcription of The General Journal and - MCCC
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The General Journal and - MCCC
4-1 The General Journal andthe General LedgerSection 1: The General JournalChapter4 Section transactions in the General compound Journal 2009 The McGraw-Hill Companies, Inc. All rights Accounting CycleStep 1 Analyze transactionsStep 2 Journalize the data about transactionsStep 7 Record closing entriesStep 3 Post the data about transactionsStep 4 Prepare a worksheetStep 5 Prepare financial statementsStep 6 Record adjusting entriesStep 8 Prepare a postclosing trial balanceStep 9 Interpret the financial informationStep 1 Analyze transactionsStep 2 Journalize the data about transactions4-4 A Journal is a diary of business activities. There are different types of journals. Transactions are entered in the Journal in chronological 1 Record transactions in the General journal4-5 Enter the account to be debited.
The General Journal and the General Ledger Section 1: The General Journal Chapter 4 Section Objectives 1. Record transactions in the general journal.
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