4. TTERMS REVIEWERMS REVIEW
Sales TaxSales Tax
A tax on a sale of merchandise or
service.
Lesson 11-1, page 252Lesson 11-1, page 252
5. TTERMS REVIEWERMS REVIEW
Cash SaleCash Sale
A sale in which cash is received
for the total amount of the sale at
the time of the transaction.
Lesson 11-1, page 254Lesson 11-1, page 254
6. TTERMS REVIEWERMS REVIEW
Credit Card SaleCredit Card Sale
A sale in which a credit card is
used for the total amount of the
sale at the time of the transaction.
Lesson 11-1, page 254Lesson 11-1, page 254
7. SalesCash
CASH AND CREDIT CARD SALESCASH AND CREDIT CARD SALES
November 4. Recorded cash and credit card sales, $5,460.00, plus
sales tax, $327.60; total, $5,787.60. Cash Register Tape No 4.
Accounts Affected
Cash
Sales
Sales Tax Payable
Entered
Debit side
Credit side
Credit side
Change
Increased
Increased
Increased
Lesson 11-1, page 255Lesson 11-1, page 255
Classification
Asset
Revenue
Liability
normal balance
5,460.60
normal balance
5,787.60
Sales Tax Payable
normal balance
327.60
8. 2. Place a check mark in the Account Title column to show
that no account title needs to be written.
CASH AND CREDIT CARD SALESCASH AND CREDIT CARD SALES
5
1
3
4
2
3. Write the cash register tape number.
1. Write the date.
4. Place a check mark in the Post. Ref. column to show that
amounts on this line are not to be posted individually.
5. Write the sales amount.
6. Write the sales tax amount.
7. Write the cash amount.
6 7
Lesson 11-1, page 255Lesson 11-1, page 255
14. 4. Place a
check
mark.
CARRYING TOTALS FORWARD ON THE LEFT PAGECARRYING TOTALS FORWARD ON THE LEFT PAGE
RIGHT PAGERIGHT PAGE
3 42
3. Write Carried Forward.
1. Rule a single line.
5. Write each
column
total.
2. Write the date.
6. Rule double lines.
1
6
5
5
Lesson 11-2,Lesson 11-2,
p. 260-261p. 260-261
15.
STARTING A NEW EXPANDED JOURNAL LEFT PAGESTARTING A NEW EXPANDED JOURNAL LEFT PAGE
RIGHT PAGERIGHT PAGE4. Place a check mark.
3. Write Brought Forward.
5. Record
column
total
brought
forward.
2. Write the date.
3 42
5
5
1. Write journal page number on the left and right pages.
1
1
Lesson 11-2,Lesson 11-2,
p. 262-263p. 262-263
16. PROVING AND RULING OF AN EXPANDED JOURNALPROVING AND RULING OF AN EXPANDED JOURNAL
AT THE END OF THE MONTH — LEFT PAGEAT THE END OF THE MONTH — LEFT PAGE
RIGHT PAGERIGHT PAGE
32
3. Write Totals.
1. Rule a single line.
4. Write each column total.
2. Write the date.
5. Rule double lines.
1
4
4
Lesson 11-2,Lesson 11-2,
p. 264-265p. 264-265
5