08121425 Level I Training Book

2/21/25

Terminology #4 • Double-entry accounting system – recording the dual effect of transaction in appropriate accounts

• Debit (Dr.) – left (positive) • Credit (Cr.) – right (negative)

Account

Description

W/P Ref

Debit

Credit

Adjusting Journal Entries JE # 105

5220

To correct payroll accrual.

6100-14-81-1100 SALARIES - TG 2340-00-00-0000 PAYABLE - WAGES

122,599.00

122,599.00 122,599.00

Total

122,599.00

17

Casino Financial Reporting Chart Flow

CAGE PAPERWORK

BANK STATEMENT

GENERAL JOURNAL

PAYROLL REGISTER

CHECK REGISTER

THE GENERAL LEDGER

THE TRIAL BALANCE

COMPUTER SLOT SYSTEM

ADJUSTMENTS

FINANCIAL STATEMENTS

18

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