Century 21 Accounting

National Geographic Learning - Cengage Learning

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Instructions: The journal for Malnick's Tailors is given in the Working Papers. Malnick's Tailors uses a journal with a column arrangement slightly different from the journal used in this chapter, as shown below. GENERAL JOURNAL DEBIT DATE ACCOUNT TITLE PAGE DOC. NO. POST. REF. CREDIT 1 1 2 2 3 3 4 4 5 5 Use page 1 of the journal to journalize the transactions. Source documents are abbreviated as follows: check, C; memorandum, M; receipt, R; sales invoice, S; calculator tape, T. 1. Journalize transactions in the 1. Journalize transactions in the journal. general journal. 2. From the menu bar, select 2. From the menu bar, select Reports; Accountant & Taxes. Reports & Forms; General Ledger. 3. Make the selections to print the 3. Make the selections to print the journal. general journal. 1. Journalize transactions in the general journal. 2. From the Office button menu, select Print. 3. Print the worksheet. 21st Century Skills Business Counts! Theme: Government, Civics, Economic, Business Skills: Information Literacy, Communication and Collaboration, Social and Cross-Cultural Skills, ICT Literacy The U.S. Census Bureau takes a count of the population every ten years. The census tells a story. Each question on the census helps determine the political, economic, and social decisions that affect everyone. An increase or decrease in the population can influence funding for a school, a hospital, or road repairs. In addition to the population census, an economic census is collected on each U.S. business every five years. The results provide a picture of the U.S. economy from the national to the local level—even as specific as zip code. APPL I C AT I O N In small groups of two to three students, discuss and complete the following. Be prepared to share your responses with the class. 1. If you were a small business owner, explain three reasons why you would use the population census to make business decisions. 2. Using the Internet, evaluate the economic census at www.census.gov/econ/census. Go to Industry Snapshots and collaborate with your peers to select three different industries. Research the number of establishments and the total value of business in each industry for the last two census periods. Prepare a bar graph to report your findings to the class. This can be graphed in Excel or drawn on a poster. 88 Chapter 3 Journalizing Transactions 1. Go to www.cengage.com/login 2. Click on to access. 3. Go to the online assignment and follow the instructions.

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