Accounting and Finance Foundations

Unit 7

Accounting and Finance Foundations Unit 7: Financial Statements 610

Financial Statements

Chapter 18

Student Guide

Lesson 18.7 Review of the Accounting Cycle:

Putting it all Together (cont’d)

And a subsidiary ledger – cash review:

Cash Subsidiary Ledger 110

December 20YY

Beginning

Balance

$0.00

Date

General

Ledger Description of Transaction Debit Credit Balance

1 12/01/20YY 110 Cash $30,000.00 $30,000.00

2 12/07/20YY 110 Cash $400.00 $29,600.00

3 12/09/20YY 110 Cash $3,000.00 $32,600.00

4 12/15/20YY 110 Cash $500.00 $32,100.00

5 12/20/20YY 110 Cash $1,000.00 $31,100.00

6 12/21/20YY 110 Cash $600.00 $30,500.00

7 12/21/20YY 110 Cash $200.00 $30,300.00

8 12/29/20YY 110 Cash $2,500.00 $32,800.00

9 12/29/20YY 110 Cash $250.00 $32,550.00

10 12/30/20YY 110 Cash $2,000.00 $30,550.00

Chapter 18

Student Guide