1. Chapter 5 – Posting to a General Ledger
Accounting I
Chapter 5 – Posting to a General Ledger

2. TERMS REVIEW ledger general ledger account number file maintenance
opening an account
Lesson 5-1, page 102

3. TERMS REVIEW
Ledger
A group of accounts.
Lesson 5-1, page 99

4. TERMS REVIEW General Ledger
A ledger that contains all accounts needed to prepare financial statements.
Lesson 5-1, page 99

5. TERMS REVIEW Account Number The number assigned to an account.
Lesson 5-1, page 99

6. TERMS REVIEW File Maintenance
The procedure for arranging accounts in a general ledger, assigning account numbers & keeping records.
Lesson 5-1, page 100

7. TERMS REVIEW Opening An Account
Writing an account title & number on the heading of an account.
Lesson 5-1, page 101

8. RELATIONSHIP OF A T ACCOUNT TO AN ACCOUNT FORM
Lesson 5-1
2/24/2019
RELATIONSHIP OF A T ACCOUNT TO AN ACCOUNT FORM
Lesson 5-1, page 98

9. CHART OF ACCOUNTS
Lesson 5-1, page 99

10. ACCOUNT NUMBERS
Lesson 5-1, page 99

11. OPENING AN ACCOUNT IN A GENERAL LEDGER1 2
1. Write the account title.
2. Write the account number.
Lesson 5-1, page 101

12. Work Together &
On Your Own –
Page 102

13. POSTING AN AMOUNT FROM A GENERAL DEBIT COLUMN
Lesson 5-1
2/24/2019
POSTING AN AMOUNT FROM A GENERAL DEBIT COLUMN 2 1 3 5 4
1. Write the date.
2. Write the journal page number.
3. Write the debit amount.
4. Write the new account balance.
5. Write the account number in the Post. Ref. column of the journal.
Lesson 5-2, page 103

14. POSTING A SECOND AMOUNT TO AN ACCOUNT2 1 3 5 4
1. Write the date.
2. Write the journal page number.
3. Write the debit amount.
4. Write the new account balance.
5. Write the account number in the Post. Ref. column of the journal.
Lesson 5-2, page 104

15. POSTING AN AMOUNT FROM A GENERAL CREDIT COLUMN2 5 1 3 4
1. Write the date.
2. Write the journal page number.
3. Write the credit amount.
4. Write the new account balance.
5. Write the account number in the Post. Ref. column of the journal.
Lesson 5-2, page 105

16. Work Together &
On Your Own –
Page 106

17. CHECK MARKS SHOW THAT AMOUNTS ARE NOT POSTED
Check mark indicates that amounts ARE NOT posted individually.
Check marks indicate that general amount column totals ARE NOT posted.
Lesson 5-3, page 107

18. POSTING THE TOTAL OF THE SALES CREDIT COLUMN2 3 1 5 4
1. Write the date.
2. Write the journal page number.
3. Write the column total in the Credit amount column.
4. Write the new account balance.
5. Return to the journal and write the account number in parentheses.
Lesson 5-3, page 108

19. POSTING THE TOTAL OF THE CASH DEBIT COLUMN2 1 3 5 4
1. Write the date.
2. Write the journal page number.
3. Write the column total in the Debit amount column.
4. Write the new account balance.
5. Return to the journal and write the account number in parentheses.
Lesson 5-3, page 109

20. POSTING THE TOTAL OF THE CASH CREDIT COLUMN2 1 3 5 4
1. Write the date.
2. Write the journal page number.
3. Write the column total in the Credit amount column.
4. Write the new account balance.
5. Return to the journal and write the account number in parentheses.
Lesson 5-3, page 110

21. Work Together &
On Your Own –
Page 111

22. JOURNAL PAGE WITH POSTING COMPLETED
Lesson 5-4, page 112

23. MEMORANDUM FOR A CORRECTING ENTRY
Lesson 5-4, page 116

24. JOURNAL ENTRY TO RECORD A CORRECTING ENTRY
November 13. Discovered that a payment of cash for advertising in October was journalized and posted in error as a debit to Miscellaneous Expense instead of Advertising Expense, $ Memorandum No. 45.
Miscellaneous Expense
Advertising Expense
1. Which accounts are affected?
Advertising Expense
Miscellaneous Expense
Debit
Normal Balance
120.00
2. How is each account classified?
Advertising Expense is an expense account.
Miscellaneous Expense is an expense account. 
3. How is each classification changed?
Expenses are increased.
Expenses are decreased.
Debit
Normal Balance
120.00 
4. How is each amount entered in the accounts?
Expense accounts increase on the debit side.
Expense accounts decrease on the credit side.
Lesson 5-4, page 116

25. JOURNAL ENTRY TO RECORD A CORRECTING ENTRY2 4 1 3
1. Write the date.
2. Debit Advertising Expense.
3. Credit Miscellaneous Expense.
4. Write the source document number.
Lesson 5-4, page 116

26. Work Together &
On Your Own –
Page 117