1. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning Thursday April 19, 2012 Top Ten Reasons Your Accountant is so Dumb!

2. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 11-4 Posting Special Journal Totals to a General Ledger: Sales Journal Purchases Journal General Journal Cash Receipts Journal Cash Payments Journal

3. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 3 LESSON 11-4

4. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 4 LESSON 11-4 5.In the sales journal, write the general ledger account number. POSTING TOTALS OF A SALES JOURNAL TO A GENERAL LEDGER page 320 5 5 5 1 1 1 2 2 2 3 3 3 4 4 4 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.

5. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 5 LESSON 11-4 1.Write the date. POSTING THE TOTAL OF A PURCHASES JOURNAL TO A GENERAL LEDGER page 321 4 4 1 1 3 3 5 5 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. 2 2

6. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 6 LESSON 11-4 POSTING SPECIAL AMOUNT COLUMN TOTALS OF A CASH RECEIPTS JOURNAL TO A GENERAL LEDGER page 322 55555 4 4 4 4 4 1 1 1 1 1 2 2 2 2 2 3 3 3 3 3 1.Date 2.Journal page number 3.Column total 4.Account balance 5.Account number

7. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 7 LESSON 11-4 POSTING SPECIAL AMOUNT COLUMN TOTALS OF A CASH PAYMENTS JOURNAL TO A GENERAL LEDGER page 324 1.Date 2.Journal page number 3.Column total 4.Account balance 5.Account number 2 2 2 3 3 3 4 4 4 55 5 1 1 1

8. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 11-4 The Journals should be posted in the following order: 1.Sales Journal 2.Purchases Journal 3.General Journal 4.Cash Receipts Journal 5.Cash Payments Journal

9. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 9 LESSON 5-1 ASSIGNMENT Own Your Own 11-4 on Aplia practice / completion grade, pg. 326 Application 11-4: Grade It Now, page 332