This document discusses journals, source documents, and recording entries in a journal in accounting. It describes a five-column journal and common source documents like checks, sales invoices, receipts, and memorandums. It provides an example of recording the receipt of cash from the owner as an investment in the journal, with details on filling out each column. It also demonstrates recording the payment of cash for supplies in the journal. Finally, it lists key terms discussed in the lesson like journal, journalizing, entry, source document, check, and invoice.

1. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 3-1LESSON 3-1
Journals, Source
Documents, and
Recording Entries in a
Journal

2. 2
LESSON 3-1CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
A FIVE-COLUMN JOURNALA FIVE-COLUMN JOURNAL page 57

3. 3
LESSON 3-1CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
CHECKSCHECKS page 58

4. 4
LESSON 3-1CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
SALES INVOICESSALES INVOICES page 58

5. 5
LESSON 3-1CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
OTHER SOURCE DOCUMENTSOTHER SOURCE DOCUMENTS page 59
memorandummemorandum
calculator tapecalculator tape
receiptreceipt

6. 6
LESSON 3-1CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
RECEIVED CASH FROM OWNER AS ANRECEIVED CASH FROM OWNER AS AN
INVESTMENTINVESTMENT page 60
August 1. Received cash from owner as an investment, $5,000.00.
Receipt No. 1.
1. Write the date in the Date column.
2. Write the debit amount in the Cash
Debit column.
3. Record the credit amount in the General Credit column. Write the
title of the account in the Account Title column.
4. Write the source document number in the Doc. No. column.
11
22
44
33 33

7. 7
LESSON 3-1CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
PAID CASH FOR SUPPLIESPAID CASH FOR SUPPLIES page 61
August 3. Paid cash for supplies, $275.00. Check No. 1.
1. Write the date in the Date column.
2. Record the debit amount in the General
Debit column. Write the title of the
account in the Account Title column.
3. Write the credit amount in the Cash Credit column.
4. Write the source document number in the Doc. No. column.
11
44
3322 22

8. 8
LESSON 3-1CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
TERMS REVIEWTERMS REVIEW
 journal
 journalizing
 special amount column
 general amount column
 entry
 double-entry accounting
 source document
 check
 invoice
 sales invoice
 receipt
 memorandum
page 62