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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 4-1LESSON 4-1
• Why do we post from the journal to a general ledger?
• Preparing a Chart of Accounts
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-1
CHART OF ACCOUNTSCHART OF ACCOUNTS page 92
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-1
1. Write the account title.
2. Write the account number.
OPENING AN ACCOUNT OPENING AN ACCOUNT IN A GENERAL LEDGERIN A GENERAL LEDGER page 94
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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 4-2LESSON 4-2
Posting Separate Amountsfrom a Journal to aGeneral Ledger
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-2
1. Write the date. 4. Write the new account balance.
2. Write the journal page number.
3. Write the debit amount.
5. Return to the journal and write the account number.
POSTING AN AMOUNT POSTING AN AMOUNT FROM A GENERAL DEBIT COLUMNFROM A GENERAL DEBIT COLUMN page 96
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-2
POSTING A SECOND AMOUNT POSTING A SECOND AMOUNT TO AN ACCOUNTTO AN ACCOUNT page 97
1. Write the date. 4. Write the new account balance.
2. Write the journal page number.
3. Write the debit amount.
5. Return to the journal and write the account number.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-2
POSTING AN AMOUNT POSTING AN AMOUNT FROM A GENERAL CREDIT COLUMNFROM A GENERAL CREDIT COLUMN page 98
1. Write the date. 4. Write the new account balance.
2. Write the journal page number.
3. Write the credit amount.
5. Return to the journal and write the account number.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 4-3LESSON 4-3
Posting Column Totalsfrom a Journal to aGeneral Ledger
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-3
CHECK MARKS SHOW THAT AMOUNTS CHECK MARKS SHOW THAT AMOUNTS ARE NOT POSTEDARE NOT POSTED page 100
Check mark indicates that amounts ARE NOT posted individually.
Check mark indicates that amounts ARE NOT posted individually.
Check mark indicates that general amount column totals ARE NOT posted.
Check mark indicates that general amount column totals ARE NOT posted.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-3
POSTING THE TOTAL POSTING THE TOTAL OF THE SALES CREDIT COLUMNOF THE SALES CREDIT COLUMN page 101
1. Write the date. 4. Write the new account balance.
2. Write the journal page number.
3. Write the column total.
5. Return to the journal and write the account number.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-3
POSTING THE TOTAL POSTING THE TOTAL OF THE CASH DEBIT COLUMNOF THE CASH DEBIT COLUMN page 102
1. Write the date. 4. Write the new account balance.
2. Write the journal page number.
3. Write the column total.
5. Return to the journal and write the account number.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-3
POSTING THE TOTAL POSTING THE TOTAL OF THE CASH CREDIT COLUMNOF THE CASH CREDIT COLUMN page 103
1. Write the date. 4. Write the new account balance.
2. Write the journal page number.
3. Write the column total.
5. Return to the journal and write the account number.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 4-4LESSON 4-4
Completed Accounting Forms and Making Correcting Entries
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-4
JOURNAL PAGE JOURNAL PAGE WITH POSTING COMPLETEDWITH POSTING COMPLETED page 105
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-4
MEMORANDUM MEMORANDUM FOR A CORRECTING ENTRYFOR A CORRECTING ENTRY page 108
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-4
JOURNAL ENTRY JOURNAL ENTRY TO RECORD A CORRECTING ENTRYTO RECORD A CORRECTING ENTRY page 108
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Source DocumentSource Document
33CreditCredit
11 DateDate 22 DebitDebit
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, $140.00. Memorandum No. 15.
