CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

LESSON 11-3 & 11-4LESSON 11-3 & 11-4

Posting from Journals to a General Ledger

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 11-3

STARTING A NEW PAGE FOR AN STARTING A NEW PAGE FOR AN ACCOUNT IN A GENERAL LEDGERACCOUNT IN A GENERAL LEDGER 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.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 11-4

1. Write the date.

POSTING THE TOTAL OF A PURCHASES POSTING THE TOTAL OF A PURCHASES JOURNAL TO A GENERAL LEDGERJOURNAL TO A GENERAL LEDGER page 321

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.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 11-3

POSTING FROM THE GENERAL AMOUNT POSTING FROM THE GENERAL AMOUNT COLUMNS OF A CASH PAYMENTS JOURNAL COLUMNS OF A CASH PAYMENTS JOURNAL TO A GENERAL LEDGERTO 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.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 11-4

POSTING SPECIAL AMOUNT COLUMN POSTING SPECIAL AMOUNT COLUMN TOTALS OF A CASH PAYMENTS JOURNAL TOTALS OF A CASH PAYMENTS JOURNAL TO A GENERAL LEDGERTO A GENERAL LEDGER page 324

1. Date

2. Journal page number

3. Column total

4. Account balance

5. Account number

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 11-4

5. In the sales journal, write the general ledger account number.

POSTING TOTALS OF A SALES POSTING TOTALS OF A SALES JOURNAL TO A GENERAL LEDGERJOURNAL TO A GENERAL LEDGER page 320

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.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 11-4

POSTING SPECIAL AMOUNT COLUMN POSTING SPECIAL AMOUNT COLUMN TOTALS OF A CASH RECEIPTS JOURNAL TOTALS OF A CASH RECEIPTS JOURNAL TO A GENERAL LEDGERTO A GENERAL LEDGER page 322

1. Date

2. Journal page number

3. Column total

4. Account balance

5. Account number

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 11-3

5. Write the general ledger account number.

POSTING A DEBIT ENTRY FROM A GENERAL POSTING A DEBIT ENTRY FROM A GENERAL JOURNAL TO A GENERAL LEDGERJOURNAL TO A GENERAL LEDGER page 317

1. Write the date.

2. Write the general journal page number.

3. Write the amount.

4. Calculate and write the new account balance.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 11-3

5. Write the general ledger account number.

POSTING A CREDIT ENTRY FROM A GENERAL POSTING A CREDIT ENTRY FROM A GENERAL JOURNAL TO A GENERAL LEDGERJOURNAL TO A GENERAL LEDGER page 318

1. Write the date.

2. Write the general journal page number.

3. Write the amount.

4. Calculate and write the new account balance.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

LESSON 11-5LESSON 11-5

Correcting Errors in Subsidiary Ledger Accounts

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 11-5

JOURNALIZING CORRECTING ENTRIES JOURNALIZING CORRECTING ENTRIES AFFECTING CUSTOMER ACCOUNTSAFFECTING CUSTOMER ACCOUNTS 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.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 11-5

POSTING CORRECTING ENTRIES POSTING CORRECTING ENTRIES AFFECTING CUSTOMER ACCOUNTSAFFECTING CUSTOMER ACCOUNTS page 328

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.