Module 4: Basic journal entries
Turning source documents into correct journal entries.
1. Your first journal entries
Record owner investments, cash sales, and invoices as proper journal entries with dates and descriptions.
About 8 minutes · 5 practice sets · Free
2. Recording expenses and payments
Journalize rent, utilities, wages, and supplier payments — and avoid recording an expense twice.
About 8 minutes · 6 practice sets · Free
3. Collections, advances, and owner withdrawals
Record customer collections, customer prepayments, loans, and owner drawings correctly.
About 8 minutes · 6 practice sets · Free
4. Working from source documents
Read invoices, bills, receipts, and statements, and pull the facts each journal entry needs.
About 8 minutes · 6 practice sets · Pro practice