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

2. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 2 LESSON 11-1 ACCOUNTS PAYABLE LEDGER AND GENERAL LEDGER CONTROLLING ACCOUNT page 299

3. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 3 LESSON 11-1 ACCOUNTS PAYABLE LEDGER FORMS 12 3456 page 300 1.Write the vendor name. 2.Write the vendor number. 3.Write the date. 4.Write the word Balance. 5.Place a check mark in the Post. Ref. column. 6.Write the balance.

4. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 4 LESSON 11-1 POSTING FROM A PURCHASES JOURNAL TO AN ACCOUNTS PAYABLE LEDGER page 301 1.Write the date. 2.Write the journal page number. 3.Write the credit amount. 4.Write the new account balance. 5.Write the vendor number. 1 2 3 4 5

5. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 5 LESSON 11-1 POSTING FROM A CASH PAYMENTS JOURNAL TO AN ACCOUNTS PAYABLE LEDGER page 302 4.Subtract the amount in the Debit column from the previous balance in the Credit column. Write the new balance. 1.Write the date. 5.Write the vendor number. 2.Write the journal page number. 3.Write the debit amount. 1 2 3 4 5

6. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 6 LESSON 11-1 POSTING A CREDIT ENTRY FROM A GENERAL JOURNAL TO AN ACCOUNTS PAYABLE LEDGER page 303 1.Write the date. 2.Write the general journal page number. 3.Write the amount. 4.Add the amount in the Credit column to the previous balance in the Credit Balance column. Write the new balance. 5.Write the vendor number. 1 3 5 4 2

7. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 7 LESSON 11-1 POSTING A DEBIT ENTRY FROM A GENERAL JOURNAL TO AN ACCOUNTS PAYABLE LEDGER page 303 1.Write the date. 2.Write the general journal page number. 3.Write the amount. 4.Add the amount in the Debit column to the previous balance in the Debit Balance column. Write the new balance. 5.Write the vendor number. 1 4 2 5 3

8. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 8 LESSON 11-1 PROVING THE ACCOUNTS PAYABLE LEDGER page 305

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

10. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 10 LESSON 11-2 ACCOUNTS RECEIVABLE LEDGER AND GENERAL LEDGER CONTROLLING ACCOUNT page 307

11. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 11 LESSON 11-2 ACCOUNTS RECEIVABLE LEDGER FORMS page 308 1 Customer name2 Customer number

12. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 12 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

13. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 13 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

14. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 14 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

15. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 15 LESSON 11-2 PROVING THE ACCOUNTS RECEIVABLE LEDGER page 313

16. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 11-3 Posting from Journals to a General Ledger

17. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 17 LESSON 11-3 STARTING A NEW PAGE FOR AN ACCOUNT IN A GENERAL LEDGER 12 3456 page 315 1. Write the account title. 2. Write the account number. 3. Write the date. 4. Write the word Balance in the Item column. 5. Place a check mark in the Post. Ref. column. 6. Write the balance.

18. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 18 LESSON 11-3 POSTING FROM THE GENERAL AMOUNT COLUMNS OF A CASH PAYMENTS JOURNAL TO A GENERAL LEDGER page 316 4.Add the amount in the Debit column to the previous balance in the Balance Debit column. Write the new balance. 5.Write the general ledger account number. 1.Write the date. 2.Write the journal page number. 3.Write the debit amount. 4 2 3 1 5

19. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 19 LESSON 11-3 5.Write the general ledger account number. POSTING A DEBIT ENTRY FROM A GENERAL JOURNAL TO A GENERAL LEDGER page 317 4 2 3 5 1 1.Write the date. 2.Write the general journal page number. 3.Write the amount. 4.Calculate and write the new account balance.

20. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 20 LESSON 11-3 5.Write the general ledger account number. POSTING A CREDIT ENTRY FROM A GENERAL JOURNAL TO A GENERAL LEDGER page 318 4 2 3 5 1 1.Write the date. 2.Write the general journal page number. 3.Write the amount. 4.Calculate and write the new account balance.

21. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 11-4 Posting Special Journal Totals to a General Ledger

22. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 22 LESSON 11-4 5.In the sales journal, write the general ledger account number. POSTING TOTALS OF A SALES JOURNAL TO A GENERAL LEDGER page 320 5 5 5 1 1 1 2 2 2 3 3 3 4 4 4 4.For each account, calculate and write the new account balance. 1.Write the date. 2.Write the sales journal page number. 3.For each column and account, write the column total.

23. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 23 LESSON 11-4 1.Write the date. POSTING THE TOTAL OF A PURCHASES JOURNAL TO A GENERAL LEDGER page 321 4 4 1 1 3 3 5 5 2.Write the purchases journal page number. 3.For each account, write the purchases journal column total. 4.For each account, calculate and write the new balance. 5.Write the purchases general ledger account number and the accounts payable general ledger account number. 2 2

24. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 24 LESSON 11-4 POSTING SPECIAL AMOUNT COLUMN TOTALS OF A CASH RECEIPTS JOURNAL TO A GENERAL LEDGER page 322 55555 4 4 4 4 4 1 1 1 1 1 2 2 2 2 2 3 3 3 3 3 1.Date 2.Journal page number 3.Column total 4.Account balance 5.Account number

25. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 25 LESSON 11-4 POSTING SPECIAL AMOUNT COLUMN TOTALS OF A CASH PAYMENTS JOURNAL TO A GENERAL LEDGER page 324 1.Date 2.Journal page number 3.Column total 4.Account balance 5.Account number 2 2 2 3 3 3 4 4 4 55 5 1 1 1

26. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 11-5 Correcting Errors in Subsidiary Ledger Accounts

27. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 27 LESSON 11-5 JOURNALIZING CORRECTING ENTRIES AFFECTING CUSTOMER ACCOUNTS 1 2 3 4 56 page 327 December 10. Discovered that a sale on account to Cumberland Center on December 3 was incorrectly charged to the account of Country Crafters, $412.00. Memorandum No. 56. 1.Write the date. 5.Write the name of incorrectly charged customer. 2.Write the name of correct customer. 3.Write the memorandum number. 4.Write the amount. 6.Write the amount.

28. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 28 LESSON 11-5 POSTING CORRECTING ENTRIES AFFECTING CUSTOMER ACCOUNTS page 328 2 2 1 1 4 4 5 5 3 3 3.Write the amount. 2.Write the general journal page number. 1.Write the date. 5.Write the appropriate customer number in the Post. Ref. columns. 4.Calculate and write the new account balances.