CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 4-2 Posting Separate Amounts...
10
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 4-2 LESSON 4-2 Posting Separate Amounts from a Journal to a General Ledger 1. List the five steps of posting from the general columns of a journal to the general ledger. 2. Are the totals of the General Debit and General Credit columns posted? Why or why not?
-
Upload
brendan-webb -
Category
Documents
-
view
212 -
download
0
Transcript of CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 4-2 Posting Separate Amounts...
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 4-2LESSON 4-2
Posting Separate Amountsfrom a Journal to aGeneral Ledger
1. List the five steps of posting from the general columns of a journal to the general ledger.
2. Are the totals of the General Debit and General Credit columns posted? Why or why not?
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
Competency: Understanding the Competency: Understanding the Accounting Cycle for a Service BusinessAccounting Cycle for a Service Business
2
LESSON 4-2
Objectives:42 Post general entries to the general
ledger.
50 Summarize the progression from source documents to journals.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
Chapter 4 ObjectivesChapter 4 Objectives
Define accounting terms related to posting from a journal to a general ledger.
Identify accounting concepts and practices related to posting from a journal to a general ledger.
Prepare a chart of accounts for a service business organized as a proprietorship.
Post separate amounts from a journal to a general ledger. Post column totals from a journal to a general ledger. Analyze and journalize correcting entries.
3
LESSON 4-2
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
Posting – Transferring information from a journal entry to a ledger account.
4
LESSON 4-2
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
5
LESSON 4-2
1. Write the date. 4. Write the new account balance.
2. Write the journal page number.
3. Write the debit amount.
5. Return to the journal and write the account number.
POSTING AN AMOUNT POSTING AN AMOUNT FROM A GENERAL DEBIT COLUMNFROM A GENERAL DEBIT COLUMN page 96
33 5511
2244
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
6
LESSON 4-2
POSTING A SECOND AMOUNT POSTING A SECOND AMOUNT TO AN ACCOUNTTO AN ACCOUNT page 97
335511
22
44
1. Write the date. 4. Write the new account balance.
2. Write the journal page number.
3. Write the debit amount.
5. Return to the journal and write the account number.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
7
LESSON 4-2
POSTING AN AMOUNT POSTING AN AMOUNT FROM A GENERAL CREDIT COLUMNFROM A GENERAL CREDIT COLUMN page 98
33
5511
44
1. Write the date. 4. Write the new account balance.
2. Write the journal page number.
3. Write the credit amount.
5. Return to the journal and write the account number.
22
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
8
LESSON 4-2
TERM REVIEWTERM REVIEW
posting
page 99
In your Chapter 4Terms Word Document and SaveAS Chapter4TermsYourName
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
Exit Ticket for Chapter 4-2Exit Ticket for Chapter 4-2
1. List the five steps of posting from the general columns of a journal to the general ledger.
2. Are the totals of the General Debit and General Credit columns posted? Why or why not?
9
LESSON 4-2
In a Word Document, SaveAS: Chapter4-2AYUYourNameDrop a copy in my InBox today before you leave!
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
Chapter 4-2 Assignments Chapter 4-2 Assignments Complete on ApliaComplete on Aplia
Work Together 4-2 On Your Own 4-2 Application Problem 4-2
10
LESSON 4-2
