This document discusses recording transactions in a general journal. It explains that a general journal is used to record transactions from source documents like checks, sales invoices, receipts, and memorandums. It provides examples of journal entries for receiving cash from the owner as an investment and paying cash for supplies, noting the steps to record the date, accounts debited/credited, amounts, and source document number. The document concludes with a terms review related to journalizing entries.

1. LESSON 3-1 Journals, Source Documents, and Recording Entries in a Journal

2. A GENERAL JOURNAL page 57

3. CHECKS page 58

4. SALES INVOICES page 58

5. OTHER SOURCE DOCUMENTS page 59 memorandum calculator tape receipt

6. RECEIVED CASH FROM OWNER AS AN INVESTMENT 2. Write the title of the account debited. Write the debit amount. 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. 3. Write the title of the account credited. Write the credit amount. 4. Write the source document number in the Doc. No. column. 1 4 2 2 3 3

7. PAID CASH FOR SUPPLIES page 61 August 3. Paid cash for supplies, $275.00. Check No. 1. 1 4 1. Write the date in the Date column. 4. Write the source document number in the Doc. No. column. 3. Write the title of the account credited. Write the credit amount. 2. Write the title of the account debited. Write the debit amount. 2 2 3 3

8. TERMS REVIEW journal journalizing entry general journal double-entry accounting source document check invoice sales invoice receipt memorandum page 62