1. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 4-2 Posting Separate Amounts from a Journal to a General Ledger 1.List the five steps of posting from the general columns of a journal to the general ledger. 2.Are the totals of the General Debit and General Credit columns posted? Why or why not?

2. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning Competency: Understanding the Accounting Cycle for a Service Business 2 LESSON 4-2 Objectives : 42 Post general entries to the general ledger. 50 Summarize the progression from source documents to journals.

3. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning Chapter 4 Objectives Define accounting terms related to posting from a journal to a general ledger. Identify accounting concepts and practices related to posting from a journal to a general ledger. Prepare a chart of accounts for a service business organized as a proprietorship. Post separate amounts from a journal to a general ledger. Post column totals from a journal to a general ledger. Analyze and journalize correcting entries. 3 LESSON 4-2

4. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning Posting – Transferring information from a journal entry to a ledger account. 4 LESSON 4-2

5. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 5 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 FROM A GENERAL DEBIT COLUMN page 96 3 5 1 2 4

6. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 6 LESSON 4-2 POSTING A SECOND AMOUNT TO AN ACCOUNT page 97 3 5 1 2 4 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.

7. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 7 LESSON 4-2 POSTING AN AMOUNT FROM A GENERAL CREDIT COLUMN page 98 3 5 1 4 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. 2

8. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 8 LESSON 4-2 TERM REVIEW posting page 99 In your Chapter 4Terms Word Document and SaveAS Chapter4TermsYourName

9. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning Exit Ticket for Chapter 4-2 1.List the five steps of posting from the general columns of a journal to the general ledger. 2.Are the totals of the General Debit and General Credit columns posted? Why or why not? 9 LESSON 4-2 In a Word Document, SaveAS: Chapter4-2AYUYourName Drop a copy in my InBox today before you leave!

10. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning Chapter 4-2 Assignments Complete on Aplia Work Together 4-2 On Your Own 4-2 Application Problem 4-2 10 LESSON 4-2