Đang chuẩn bị liên kết để tải về tài liệu:
Lecture Accounting fundamentas (7e): Chapter 19 - Curran

Chapter 19 - The accounts receivable ledger. After completing this chapter, students will be able to: Post to the accounts receivable ledger, prepare a schedule of accounts receivable, prepare a statement of account, prepare and use a schedule of accounts receivable by age, record transactions involving notes receivable. | CHAPTER NINETEEN THE ACCOUNTS RECEIVABLE LEDGER 1. Post to the accounts receivable ledger. 2. Prepare a schedule of accounts receivable. 3. Prepare a statement of account. 4. Prepare and use a schedule of accounts receivable by age. 5. Record transactions involving notes receivable. THE ACCOUNTS RECEIVABLE LEDGER Objectives: 19- The Accounts Receivable Ledger Businesses use special ledgers to be more efficient in their financial operation. 19- The Accounts Receivable Ledger (continued) In order to know how much is owed by credit customers, separate accounts can be used for each one. All accounts for credit customers can be placed in the Accounts Receivable ledger. Accounts Receivable ledgers are known as subsidiary ledgers. 19- Posting To the Accounts Receivable Ledger Entries should be posted to the accounts receivable ledger on a daily basis. Up-to-date information is critical for the operation of a business. 19- Posting to the Accounts Receivable Ledger . | CHAPTER NINETEEN THE ACCOUNTS RECEIVABLE LEDGER 1. Post to the accounts receivable ledger. 2. Prepare a schedule of accounts receivable. 3. Prepare a statement of account. 4. Prepare and use a schedule of accounts receivable by age. 5. Record transactions involving notes receivable. THE ACCOUNTS RECEIVABLE LEDGER Objectives: 19- The Accounts Receivable Ledger Businesses use special ledgers to be more efficient in their financial operation. 19- The Accounts Receivable Ledger (continued) In order to know how much is owed by credit customers, separate accounts can be used for each one. All accounts for credit customers can be placed in the Accounts Receivable ledger. Accounts Receivable ledgers are known as subsidiary ledgers. 19- Posting To the Accounts Receivable Ledger Entries should be posted to the accounts receivable ledger on a daily basis. Up-to-date information is critical for the operation of a business. 19- Posting to the Accounts Receivable Ledger (continued) When the ledger is set up, the name, address, and terms for each credit customer are recorded on a separate ledger card. 19- Posting to the Accounts Receivable Ledger (continued) Each transaction listed in the sales journal is posted individually to a customer’s account in the Accounts Receivable ledger. 19- Posting to the Accounts Receivable Ledger (continued) Each transaction listed in the Accounts Receivable Credit column of the Cash Receipts journal is posted individually to a customer’s account in the Accounts Receivable ledger. 19- Posting to the Accounts Receivable Ledger (continued) Each return or allowance is entered in the General Journal and posted to both the General Ledger and subsidiary ledger accounts involved. 19- Proving the Accounts Receivable Ledger At the end of the month, the Accounts Receivable ledger must be proved. To do this, a schedule of Accounts Receivable is prepared. 19- Proving the Accounts Receivable Ledger (continued) The name and