1. Chapter 12 – Posting to General & Subsidiary Ledgers
Accounting I
Chapter 12 – Posting to General & Subsidiary Ledgers

2. TERMS REVIEW subsidiary ledger accounts payable ledger
accounts receivable ledger
controlling account
Lesson 12-1, page 279

3. TERMS REVIEW Subsidiary Ledger
A ledger that is summarized in a single general ledger account.
Lesson 12-1, page 274

4. TERMS REVIEW Accounts Payable Ledger
A subsidiary ledger containing only accounts for vendors from whom items are purchased or bought on account.
Lesson 12-1, page 274

5. TERMS REVIEW Accounts Receivable Ledger
A subsidiary ledger containing only accounts for charge customers.
Lesson 12-1, page 274

6. TERMS REVIEW Controlling Account
An account in a general ledger that summarizes all accounts in a subsidiary ledger.
Lesson 12-1, page 274

7. POSTING A JOURNAL’S GENERAL AMOUNT COLUMNS2 1 3 5 4
1. Write the date.
2. Write the journal page number.
3. Write the debit amount.
4. Calculate and write the new account balance.
5. Write the general ledger account number in the Post. Ref. column of the journal.
Lesson 12-1, page 276

8. POSTING A JOURNAL’S SPECIAL AMOUNT COLUMNS2 1 3 5 4
1. Write the date.
2. Write the journal page number.
3. Write the Cash Credit column total.
4. Calculate and write the new account balance.
5. Return to the journal and write the general ledger account number in parentheses below the Cash Credit column total.
Lesson 12-1, page 277

9. RULES FOR POSTING A JOURNAL’S COLUMN TOTALS
General amount column totals ARE NOT posted
Special amount column totals ARE posted
Lesson 12-1, page 278

10. STARTING A NEW PAGE FOR AN ACCOUNT IN A GENERAL LEDGER2 1 3 4 5 6
1. Write the account title.
2. Write the account number.
3. Write the date.
4. Write Balance.
5. Place a check mark in the Post. Ref. column.
6. Write the account balance.
Lesson 12-1, page 278

11. Work Together &
On Your Own –
Page 279

12. ACCOUNTS PAYABLE LEDGER AND GENERAL LEDGER CONTROLLING ACCOUNT
Lesson 12-2, page 280

13. OPENING ACCOUNTS PAYABLE LEDGER FORMS
1. Vendor Name
2. Vendor Number 1 2
Lesson 12-2, page 281

14. POSTING A CREDIT TO AN ACCOUNTS PAYABLE LEDGER2 3 1 5 4
1. Write the date.
2. Write the journal page number.
3. Write the credit amount.
4. Calculate and write the new account balance.
5. Write the vendor number.
Lesson 12-2, page 282

15. POSTING A DEBIT TO AN ACCOUNTS PAYABLE LEDGER2 3 5 1 4
1. Write the date.
2. Write the journal page number.
3. Write the debit amount.
4. Calculate and write the new account balance.
5. Write the vendor number.
Lesson 12-2, page 283

16. STARTING A NEW PAGE FOR A VENDOR IN AN ACCOUNTS PAYABLE LEDGER2 1 3 4 5 6
1. Write the vendor name.
2. Write the vendor number.
3. Write the date.
4. Write Balance.
5. Place a check mark in the Post. Ref. column.
6. Write the account balance.
Lesson 12-2, page 283

17. COMPLETED ACCOUNTS PAYABLE LEDGER
Lesson 12-2, page 284

18. Work Together &
On Your Own –
Page 285

19. ACCOUNTS RECEIVABLE LEDGER AND GENERAL LEDGER CONTROLLING ACCOUNT
Lesson 12-3, page 286

20. OPENING ACCOUNTS RECEIVABLE LEDGER FORMS
1. Customer Name
2. Customer Number 1 2
Lesson 12-3, page 287

21. POSTING A DEBIT TO AN ACCOUNTS RECEIVABLE LEDGER2 5 3 1 4
1. Write the date.
2. Write the journal page number.
3. Write the debit amount.
4. Calculate and write the new account balance.
5. Write the customer number.
Lesson 12-3, page 288

22. POSTING A CREDIT TO AN ACCOUNTS RECEIVABLE LEDGER2 1 3 5 4
1. Write the date.
2. Write the journal page number.
3. Write the credit amount.
4. Calculate and write the new account balance.
5. Write the customer number.
Lesson 12-3, page 289

23. COMPLETED ACCOUNTS RECEIVABLE LEDGER
Lesson 12-3, page 290

24. Work Together &
On Your Own –
Page 291

25. TERMS REVIEW schedule of accounts payable
schedule of accounts receivable
Lesson 12-4, page 294

26. TERMS REVIEW Schedule of Accounts Payable
A listing of vendor accounts, account balances, and total amount due all vendors.
Lesson 12-4, page 292

27. TERMS REVIEW Schedule of Accounts Receivable
A listing of customer accounts, account balances, and total amount due from all customers.
Lesson 12-4, page 293

28. PROVING THE ACCOUNTS PAYABLE LEDGER
Lesson 12-4, page 292

29. PROVING THE ACCOUNTS RECEIVABLE LEDGER
Lesson 12-4, page 293

30. Work Together &
On Your Own –
Page 294