1. POSTING and GENERAL LEDGER

2. General Ledger and Their Uses
General ledger is a book containing each firm’s accounts
Real Accounts
Nominal Accounts

3. Examples Real Accounts: Cash Receivables Supplies Accounts Payable
Notes Payable
Nominal Accounts
Salaries Expenses
Marketing Expenses
Depreciation Expense
Services Revenues
Interest Revenues

4. Types of General Ledger
There are two types of accounts:
T – account form
Balance column account
Balance column account
There is a column for debit posting
A column to show the balance of the account if it’s a debit balance
A column to show te balance of the account if it happens to be a credit balance

5. Balance-column Account Form

6. POSTING
Posting is the transfer of accounting information from a journal to a ledger
This procedure is necessary in order to gather together the effects of business transactions on each type of asset, liability, and capital account.
At the end of a time period, summary totals of this account information can be compiled for use in the preparation of a trial balance and financial statement

7. Posting Illustrated D H
Ledger A B C E G F

8. POSTING PROCESS
Posting this journal entry with one debit and one credit involves the following
Enter the date of the journal entry in the account to be debited (Cash account)
Enter the amount of the debit in the debit column of the account to be debited (Cash account)
Enter the cross reference in the ledger account to show that the debit was posted from the journal (Page 2)
Enter the cross reference in the journal to show that the debit was posted to the appropriate account (Account 101)
Enter the date of the journal entry in the account to be credited (Angga’s Capital account)
Enter the amount in the credit column of the amount to be credited (Angga’s Capital account)
Enter the cross reference in the ledger account to show that the credit was posted from the journal (page 6)
Enter the cross reference in the journal to show that the credit was posted to the appropriate account (Account 300)

9. List of Accounts A different company has different chart of accounts
The amount of accounts would depend on:
a. The characteristic of an operating firm
b. The activities volume
c. The detailed information in the firm

10. LIST of ACCOUNTS

11. Continuing .……

12. Continuing ………

13. How each of the journal entries has been posted to the appropriate ledger accounts?
The following is the list of accounts and their codes in Cipta Jasa Karya

14. General Journal in Cipta Jasa Karya

24. (in Rp) No : 16 Office Equipment (in Rp) No : 21 Account Payable
Debit (Rp)
Credit (Rp)
2008
Aug 1
per Cash 2
Office Equipment
Balance
Date
Description
Ref.
(in Rp)
No : 21
Debit (Rp)
Credit (Rp)
2008
Aug 2
Purchased on Credit 1 9
Paid
Account Payable
Balance
Date
Description
Ref.

25. (in Rp) No : 23 Unearned Revenue (in Rp) No : 31 Bagus's Capital
Debit (Rp)
Credit (Rp)
2008
Aug 3
Collected Down
Payment 1
Unearned Revenue
Balance
Date
Description
Ref
(in Rp)
No : 31
Debit (Rp)
Credit (Rp)
2008
Aug 1
Owner's Investment 2
Bagus's Capital
Balance
Date
Description
Ref

26. (in Rp) No : 32 Bagus's Withdrawals (in Rp) No : 41 Servives Revenue
Debit (Rp)
Credit (Rp)
2008
Aug 30
Per Cash 3
Bagus's Withdrawals
Balance
Date
Description
Ref
(in Rp)
No : 41
Debit (Rp)
Credit (Rp)
2008
Aug 13
Receivables 2 18 30 3
Servives Revenue
Balance
Date
Description
Ref

27. (in Rp) No : 51 Salaries Expense (in Rp) No : 56 Advertising Expense
Debit (Rp)
Credit (Rp)
2008
Aug 15
per Cash 2 30 3
Salaries Expense
Balance
Date
Description
Ref
(in Rp)
No : 56
Debit (Rp)
Credit (Rp)
2008
Aug 7
per Cash 1
Advertising Expense
Balance
Date
Description
Ref

28. (in Rp) No : 57 Utilities Expense (in Rp) No : 58 Utilities Expense
Debit (Rp)
Credit (Rp)
2008
Aug 29
per Cash 3
Utilities Expense
Balance
Date
Description
Ref
(in Rp)
No : 58
Debit (Rp)
Credit (Rp)
2008
Aug 30
per Cash 3
Utilities Expense
Balance
Date
Description
Ref.