[dnp9535]

Need help for a correct general journal for acctng system software.. do to credit and debit.. what the correct entry on the credit and debit.. so lost.. please help

Julia has money in savings she plans to invest in business.. opens checking acct and deposit 10000 in business check.. this is julias initial invest meant
-purchase lawnmower from spades hardware 1200 on acct, invoice number #9855
-purchase one yr insur policy from rancher insur for 660 on acct invoice number 6824 debit prepaid expense for this amount
-paid rent 600 to self store to cover 6 months

Thanks for your help
dnp9535

[Bill Smith]

There may be some templates on accounting in Google Docs. There certainly are a lot of templates there. There is a free Accounting Transaction Tutor program at Needles/Powers 2002e Financial and Managerial Accounting - Accounting Transaction Tutor
And a lot of video training at FA YouTube Videos

[morgaine300]

"Templates" aren't going to do you a bit of good. You need to learn the rules of debits and credits, and how to interpret the transactions. No template is going to tell you how to do that. The mechanics of sticking it onto a piece of paper is easy.

The real question is: what are you actually having difficulty with? Just "having trouble" is ambiguous and learning just the basics is a whole chapter. For instance, the very first transaction. Do you know which accounts are used? Do you know whether they increase or decrease? Do you know what kind of accounts they are? Do you know your debit/credit RULES? (Which are probably in a chart in your book somewhere.)

That app from Houghton Mifflin is about worthless in my opinion. If you didn't learn it from the book, I doubt that will be helpful because it says very little. And the Needles book isn't that fabulous to begin with.

As for the YouTube video, give it a shot. Let me know if you understand debit/credit rules when you get done.

I can also give you another link but if you didn't get it from the book, I don't know if this will help either. The problem is that most textbooks aren't going to explain it real well, and you almost have to sit down with someone and go over it.
Principles of Accounting Chapter 2

The other problem is that a lot of people don't have the confidence in anyone that you can understand the real reason behind the rules, which are actually quite simple if you don't fight with them.