CENTURY 21 ACCOUNTING © Thomson/South-Western

LESSON 11-2LESSON 11-2

Posting to an Accounts Receivable Ledger

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CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 11-2

ACCOUNTS RECEIVABLE LEDGER AND ACCOUNTS RECEIVABLE LEDGER AND GENERAL LEDGER CONTROLLING ACCOUNTGENERAL LEDGER CONTROLLING ACCOUNT page 307

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CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 11-2

ACCOUNTS RECEIVABLE LEDGER ACCOUNTS RECEIVABLE LEDGER FORMSFORMS page 308

11Customer nameCustomer name 22Customer numberCustomer number

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CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 11-2

POSTING FROM A SALES JOURNAL TO AN POSTING FROM A SALES JOURNAL TO AN ACCOUNTS RECEIVABLE LEDGERACCOUNTS 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.

44

22

5533

11

5

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 11-2

POSTING FROM A CASH RECEIPTS JOURNAL POSTING FROM A CASH RECEIPTS JOURNAL TO AN ACCOUNTS RECEIVABLE LEDGERTO 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.

44

11

22

33

55

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CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 11-2

1. Write the date.

POSTING A CREDIT ENTRY FROM A GENERAL POSTING A CREDIT ENTRY FROM A GENERAL JOURNAL TO AN ACCOUNTS RECEIVABLE JOURNAL TO AN ACCOUNTS RECEIVABLE LEDGERLEDGER page 311

44

2211 55

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.

33

7

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 11-2

COMPLETED ACCOUNTS RECEIVABLE COMPLETED ACCOUNTS RECEIVABLE LEDGERLEDGER page 312

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CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 11-2

PROVING THE ACCOUNTS RECEIVABLE PROVING THE ACCOUNTS RECEIVABLE LEDGERLEDGER page 313

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CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 11-2

TERM REVIEWTERM REVIEW

schedule of accounts receivable

page 314