After studying Chapter 4, you will be able to:
- Define accounting terms related to posting from a general journal to a general ledger.
- Identify accounting concepts and practices related to posting from a general journal to a general ledger.
- Prepare a chart of accounts for a service business organized as a proprietorship.
- Post amounts from a general journal to a general ledger.
- Prove cash.
- Analyze and journalize correcting entries.
Mastery Problem 4-4
- Make a copy of this spreadsheet.
- Place this file in your Chapter 4 folder.
- Rename the file to Mastery Problem 4-4-(Your Initials)
- Complete the spreadsheet according to the directions on page 111.
Patrick O’Kalla owns a service business called O’Kalla Lawn and Garden.
Challenge Problem 4-5
- Make a copy of this spreadsheet.
- Place this file in your Chapter 4 folder.
- Rename the file to Challenge Problem 4-5-(Your Initials)
- Complete the spreadsheet according to the directions on page 112.Frances Fessler owns a service business called HouseCare.
Study Guide 4
- Complete this Chapter 4 Study Guide to assess your learning from Chapter 4. You have as many attempts as needed to get as good of a score as you can.