CHAPTER 3

GOAL: Before you leave class today you will be able to:

  • Record a group of transactions pertaining to a service business in a two-column general journal.

RIGHT NOW:

  1. Open your textbook to pages 96-97 & listen to this intro video about chapter 3–The General Journal and the General Ledger 
  2. Open your textbook to pages 97-104 & listen to this video about 3-1 The General Journal–GET A PAPER VERSION OF THE JOURNAL FOR YOUR INSTRUCTOR & DO THE JOURNALING BY HAND AT THE END OF THE VIDEO (approx. 9:24 mark in the video)–SHOW YOUR TEACHER
  3. Read the bottom of page 101–Accounting In Your Future
  4. Log in to your Cengage Now account
  5. Click ASSIGNMENTS
  6. Complete the Chapter 3 Objective 1 Assignment
  7. Click STUDY TOOLS
  8. Click ADAPTIVE STUDY PLAN
  9. Next to Chapter 3 – The General Journal and the General Ledger click START STUDYING
  10. Click 1. Record a group of transactions pertaining to a service business in a two-column general journal.
    1. SHOW ME WHEN YOU ARE DONE
  11. In an email message to me, explain the order in which transactions are recorded in a general journal and what must be the same before moving on to the next transaction? Also, what is a source document?