TAILIEUCHUNG - Lecture College accounting (13/e): Chapter 9 - Price, Haddock, Farina

Chapter 9 - Cash receipts, cash payments, and banking procedures. After reading this chapter, you should be able to: Record cash receipts in a cash receipts journal, account for cash short or over, post from the cash receipts journal to subsidiary and general ledgers, record cash payments in a cash payments journal, post from the cash payments journal to subsidiary and general ledgers,. | 1- McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Cash Receipts, Cash Payments, and Banking Procedures Section 1: Cash Receipts Chapter 9 Section Objectives Record cash receipts in a cash receipts journal. Account for cash short or over. Post from the cash receipts journal to subsidiary and general ledgers. CASH RECEIPTS JOURNAL PAGE 1 Debits to Cash The cash receipts journal has separate columns for accounts that are frequently used Record cash receipts in a cash receipts journal Objective 1 Occasionally errors occur when making change. When errors happen, the cash in the cash register is either more or less than the cash listed on the audit tape. Objective 2 Account for Cash Short or Over On July 31 Maxx-Out Sporting Goods accepted a six-month promissory note from Stacee Fairley, who owed $800 on account. Promissory Notes Interest rate = 9% per year Rate for six-month period = (9%) ÷ 2 = Interest amount = $800 x = $36 Total

• Kế toán - Kiểm toán
• College accounting
• Lecture College accounting
• Financial statement
• Cost accounting
• Cash receipts
• Cash payments
• Job order cost accounting
• Accounting for sales
• Accounts receivable
• Accounting for purchases
• Accounts payable
• Closing procedures
• Accounting cycle
• Accounting principles
• Reporting standards
• Accounting for partnerships
• Allocating income
• Process cost accounting
• Process inventory
• Language of business
• Financial information
• Analyzing business transactions
• Financial interest
• T accounts
• General ledger
• General journal
• The worksheet
• Trial balance
• Closing entries
• Postclosing trial balance
• Payroll computations
• Payroll laws
• Payroll taxes
• Employee income tax
• Recording adjustments
• Uncollectible accounts
• Notes payable
• Notes receivable
• Merchandise inventory
• Inventory costing methods
• Disposition of assets
• Depreciation methods
• Capital stock transactions
• Capital stock
• Corporate earnings
• Capital transactions