Question
Instructions For the fictitious company that you developed the chart of accounts for in Assignment #2, create a cash receipts or cash payments special journal.
Instructions | |
For the fictitious company that you developed the chart of accounts for in Assignment #2, create a cash receipts or cash payments special journal. (If you did not complete assignment #2, create a new chart of accounts for a fictitious company in your pathway. The company should be a sole proprietor and a service business. The account titles should be customized for your company. Assign a two digit account number to your accounts following the example chart of accounts.) The columns of your journal should reflect what your company does. Bring your special journal with you to the assigned class. In class, form groups of 4-5 students. Explain to your group, the special journal you developed. As a group select one person to present one of the journals to the class. Turn in your special journals at the end of class.
Examples of businesses in pathways could be:
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