1. Posting to a General Ledger

2. Lesson 4-1 Check it out: Balance Sheet accounts on the left Assets, Liabilities & Owner’s Equity (A=L+OE) Income Statement accounts on the right Revenue and Expenses Revenue minus Expenses = Net Income Who, What and When

3. Lesson 4-1 1 = Assets 50 = 5 th asset account

4. 1. 1. Write the account title, Cash, after the word Account in the heading. Lesson 4-1 1 1 2 2 2. 2. Write the account number, 110, after the words Account No. in the heading.

5. Lesson 4-2 1. 1.Write the date. 4. 4.Calculate (if necessary) and write the new account balance. 2. 2.Write the journal page number. 3. 3.Write the debit amount. 5. 5.Return to the journal and write the account number. 1 1 2 2 3 3 4 4 5 5

6. Lesson 4-2 5 5 4 4 2 2 1 1 3 3 Step 4: Calculate the new account balance. Step 5: Record the account number in the post reference column. It’s proof that you posted that journal line. Also shows where you posted it.

7. Lesson 4-2 5 5 4 4 2 2 1 1 3 3

8. Lesson 4-3 Check mark indicates that amounts ARE NOT posted individually. (There is nothing in the General Debit and Credit Columns to post.) Check marks indicate that general amount column totals ARE NOT posted. (You posted the amounts in this column individually.)

9. Lesson 4-3 4 4 2 2 1 1 3 3 5 5

10. 5 5 4 4 2 2 1 1 3 3 LO6

11. Lesson 4-3 4 4 2 2 1 1 3 3 5 5 Calculate new account balance.

12. Lesson 4-3 Check it out: All post references are filled in with either check marks or account numbers. It is proof that the posting is all done for this journal page.

13. Lesson 4-3 All journal entries have been posted from the journal to the general ledger account cards.