1. Lesson 4-2 Posting Separate Amounts from a Journal to a General Ledger
6/23/2018
LESSON 4-2
Posting Separate Amounts from a Journal to a General Ledger

2. POSTING RULES…
Posting – transferring information from a journal entry to a ledger account.
Rules:
Amounts in a journal’s “General” amount columns are posted individually.
Amounts in a journal’s “Special” amount columns (Sales & Cash) are NOT posted individually – ONLY the totals are posted.
LESSON 4-2

3. POSTING AN AMOUNT FROM A GENERAL DEBIT COLUMN
page 96 2 1 3 5 4
1. Write the date.
4. Write the new account balance.
2. Write the journal page number.
5. Return to the journal and write the account number.
3. Write the debit amount.
LESSON 4-2

4. POSTING A SECOND AMOUNT TO AN ACCOUNT
page 97 2 1 3 5 4
1. Write the date.
4. Write the new account balance.
2. Write the journal page number.
5. Return to the journal and write the account number.
3. Write the debit amount.
LESSON 4-2

5. POSTING AN AMOUNT FROM A GENERAL CREDIT COLUMN
page 98 2 1 5 3 4
1. Write the date.
4. Write the new account balance.
2. Write the journal page number.
5. Return to the journal and write the account number.
3. Write the credit amount.
LESSON 4-2

6. CALCULATING BALANCES CALCULATING BALANCES:
page 99
CALCULATING BALANCES:
Always keep on the normal balance side
“Likes add, opposites subtract”
Debit balance + debit transaction
Credit balance + credit transaction
Debit balance – credit transaction
Credit balance – debit transaction
LESSON 4-2