Project 4
1. Project 4
1.15. Page 3
Training Room 4: The Opening Entry
Time to Practise
There are two beginning balance sheets for you to practise making opening entries. You may choose to do one or both before you continue to your assignment in Time to Work. You can self-check your answers to see if you are doing the opening entries correctly.
The Opening Entry Rubric is here for reference.
You can also refer to the General Journal Exemplar here or, whenever you need it, from your Toolkit.
Practice 1: Dr. Zimmerman Medical Clinic
Open a blank General Journal Template.
Use the Dr. Zimmerman Medical Clinic Balance Sheet provided and complete an opening entry on page 1 of the general journal. Use the date of the balance sheet with the current year.
Check your answers by viewing Dr. Zimmerman Medical Clinic General Journal.
Practice 2: Koch Moving and Storage
Open a blank General Journal Template.
Use the Koch Moving and Storage Balance Sheet provided and complete an opening entry on page 1 of the general journal. Use the date of the balance sheet with the current year.
Check your answers by viewing Koch Moving and Storage General Journal.