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

2. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 2 LESSON 11-2 ACCOUNTS RECEIVABLE LEDGER AND GENERAL LEDGER CONTROLLING ACCOUNT page 307

3. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning ACCOUNTS RECEIVABLE LEDGER FORMS To prove the accounts receivable ledger, you compare the sum of the individual accounts to balance for the accounts receivable controlling account 3 LESSON 11-2 page 308 1 Customer name2 Customer number

4. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 4 LESSON 11-2 POSTING FROM A SALES JOURNAL TO AN ACCOUNTS RECEIVABLE LEDGER page 309 4.Add the amount in the Debit column to the previous balance in the Debit Balance column. Write the new account balance. 1.Write the date. 2.Write the sales journal page number. 3.Write the debit amount. 5.Write the customer number. 4 2 5 3 1

5. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 5 LESSON 11-2 POSTING FROM A CASH RECEIPTS JOURNAL TO AN ACCOUNTS RECEIVABLE LEDGER page 310 4.Subtract the amount in the Credit column from the previous balance in the Debit Balance column. Write the new balance. 2.Write the cash receipts journal page number. 5.Write the customer number. 3.Write the credit amount. 1.Write the date. 4 1 2 3 5

6. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 6 LESSON 11-2 1.Write the date. POSTING A CREDIT ENTRY FROM A GENERAL JOURNAL TO AN ACCOUNTS RECEIVABLE LEDGER page 311 4 2 1 5 2.Write the general journal page number. 3.Write the amount. 4.Subtract the amount in the Credit column from the previous balance in the Debit Balance column. Write the new balance. 5.Write the customer number. 3

7. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 7 LESSON 11-2 COMPLETED ACCOUNTS RECEIVABLE LEDGER page 312

8. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning PROVING THE ACCOUNTS RECEIVABLE LEDGER Schedule of Accounts Receivable- a listing of customer accounts, account balances, and total amount due from all customers. 8 LESSON 11-2 page 313

9. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 9 LESSON 11-2 TERM REVIEW schedule of accounts receivable page 314