© 2014 Cengage Learning. All Rights Reserved. Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO5Post amounts from a general journal.

Slides:

Advertisements

Similar presentations

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 11-1 Posting to an Accounts Payable Ledger.

Advertisements

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 11-2 Posting to an Accounts Receivable Ledger.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 11-2 Posting to an Accounts Receivable Ledger.

© 2014 Cengage Learning. All Rights Reserved. Do Now ●In your notebooks: ●Using a T-account, journalize the transaction: ●Jan 2. Received Cash from owner.

© 2014 Cengage Learning. All Rights Reserved.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 4-2 Posting from a General Journal to a General Ledger.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 11-2 Posting to an Accounts Receivable Ledger.

© 2014 Cengage Learning. All Rights Reserved. Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO6Post column totals from a journal to.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 11-3 Posting from Journals to a General Ledger Slides are on class website.

© 2014 Cengage Learning. All Rights Reserved. Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO6 Post cash receipts to an accounts receivable.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 4-2 Posting from a General Journal to a General Ledger.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 4-3 Posting Column Totals from a Journal to a General Ledger.

© 2014 Cengage Learning. All Rights Reserved. Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO7 Post merchandise purchases to an accounts.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 4-2 Posting from a General Journal to a General Ledger.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 4-2 Posting Separate Amounts from a Journal to a General Ledger.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 11-2 Posting to an Accounts Receivable Ledger.

© 2014 Cengage Learning. All Rights Reserved. Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO5Post amounts from the General Debit.

Posting Separate Amounts from a Journal to a General Ledger POSTING TRANSFERRING INFORMATION FROM A JOURNAL ENTRY TO A LEDGER ACCOUNT POSTING.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 4-2 Posting from a General Journal to a General Ledger.

LESSON 11-2 Posting to an Accounts Receivable Ledger.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 4-2 Posting from a General Journal to a General Ledger.

© 2014 Cengage Learning. All Rights Reserved.

LESSON 11-1 Posting to an Accounts Payable Ledger

© 2014 Cengage Learning. All Rights Reserved.

ACCOUNTS RECEIVABLE LEDGER AND GENERAL LEDGER CONTROLLING ACCOUNT

Lesson 4-2 Posting Separate Amounts from a Journal to a General Ledger

LESSON 4-2 Posting from a General Journal to a General Ledger

© 2014 Cengage Learning. All Rights Reserved.

© 2014 Cengage Learning. All Rights Reserved.

© 2014 Cengage Learning. All Rights Reserved.

© 2014 Cengage Learning. All Rights Reserved.

© 2014 Cengage Learning. All Rights Reserved.

© 2014 Cengage Learning. All Rights Reserved.

© 2014 Cengage Learning. All Rights Reserved.

CHECK MARKS SHOW THAT AMOUNTS ARE NOT POSTED

© 2014 Cengage Learning. All Rights Reserved.

© 2014 Cengage Learning. All Rights Reserved.

LO5 Post amounts from a general journal.

LESSON 11-1 Posting to an Accounts Payable Ledger

Posting to a General Ledger

Posting to an Accounts Receivable Ledger

Lesson 4-3 Posting Column Totals from a Journal to a General Ledger

Lesson 4-3 Posting Column Totals from a Journal to a General Ledger

Lesson 4-2 Posting Separate Amounts from a Journal to a General Ledger

LESSON 4-2 Posting from a General Journal to a General Ledger

© 2014 Cengage Learning. All Rights Reserved.

© 2014 Cengage Learning. All Rights Reserved.

LESSON 10-4 Posting from a Cash Receipts Journal

Lesson 4-3 Posting Column Totals from a Journal to a General Ledger

LESSON 11-3 Posting from Journals to a General Ledger

LESSON 11-1 Posting to an Accounts Payable Ledger

Lesson 4-2 Posting Separate Amounts from a Journal to a General Ledger

© 2014 Cengage Learning. All Rights Reserved.

LESSON 4-1 Preparing a Chart of Accounts

© 2014 Cengage Learning. All Rights Reserved.

LESSON 11-3 Posting from Journals to a General Ledger

LESSON 11-1 Posting to an Accounts Payable Ledger

© 2014 Cengage Learning. All Rights Reserved.

LESSON 11-3 Posting from Journals to a General Ledger

© 2014 Cengage Learning. All Rights Reserved.

Posting to an Accounts Receivable Ledger

© 2014 Cengage Learning. All Rights Reserved.

Posting to an Accounts Receivable Ledger

© 2014 Cengage Learning. All Rights Reserved.

STARTING A NEW PAGE FOR AN ACCOUNT IN A GENERAL LEDGER

Posting to an Accounts Receivable Ledger

Presentation transcript:

© 2014 Cengage Learning. All Rights Reserved. Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO5Post amounts from a general journal. LO6Demonstrate how to prove cash.

© 2014 Cengage Learning. All Rights Reserved. Posting an Amount from the Debit Column of a General Journal ●Transferring information from a journal entry to a ledger account is called posting. SLIDE 2 LO5 Lesson 4-2

© 2014 Cengage Learning. All Rights Reserved. (Page 94) SLIDE 3

© 2014 Cengage Learning. All Rights Reserved. Posting an Amount from the Debit Column of a General Journal SLIDE 4 LO5 Lesson Write the date Write the new account balance Write the journal page number Write the debit amount Return to the journal and write the account number

© 2014 Cengage Learning. All Rights Reserved. Posting an Amount from the Credit Column of a General Journal SLIDE 5 Lesson 4-2 LO Write the date Write the new account balance Write the journal page number Write the credit amount Return to the journal and write the account number

© 2014 Cengage Learning. All Rights Reserved. Posting a Debit Amount to an Account with a Balance SLIDE 6 Lesson 4-2 LO Write the date Write the new account balance Write the journal page number Write the debit amount Return to the journal and write the account number

© 2014 Cengage Learning. All Rights Reserved. Posting a Debit Amount to an Account with a Credit Balance SLIDE 7 Lesson 4-2 LO Write the date Write the new account balance Write the journal page number Write the debit amount Return to the journal and write the account number

© 2014 Cengage Learning. All Rights Reserved. Journal Page with Posting Completed SLIDE 8 LO5 Lesson 4-2

© 2014 Cengage Learning. All Rights Reserved. General Ledger with Posting Completed SLIDE 9 LO5 Lesson 4-2

© 2014 Cengage Learning. All Rights Reserved. General Ledger with Posting Completed SLIDE 10 LO5 Lesson 4-2

© 2014 Cengage Learning. All Rights Reserved. Proving Cash ●Determining that the amount of cash agrees with the balance of the Cash account in the accounting records is called proving cash. SLIDE 11 LO6 If the cash balance as shown in the checkbook equals the cash balance in the Cash account, cash is proved. Lesson 4-2