1. Posting to General and Subsidiary Ledgers
Chapter 11
Posting to General and Subsidiary Ledgers

2. 38. Posting to Accounts Payable ledger
Subsidiary ledger – a ledger that is summarized in a single general ledger account
Accounts Payable ledger – a subsidiary ledger containing only accounts for vendors from whom merchandise or other items are purchased on account
Accounts Receivable ledger – a subsidiary ledger containing only accounts for charge customers
Controlling account – an account in a general ledger that summarizes all accounts in a subsidiary ledger

3. ACCOUNTS PAYABLE LEDGER AND GENERAL LEDGER CONTROLLING ACCOUNT
page 299
Account #’s
LESSON 11-1

4. ACCOUNTS PAYABLE LEDGER FORMS
page 300 1 2 3 4 5 6
1. Write the vendor name.
2. Write the vendor number.
3. Write the date.
4. Write the word Balance.
5. Place a check mark in the Post. Ref. column.
6. Write the balance.
LESSON 11-1

5. POSTING FROM A PURCHASES JOURNAL TO AN ACCOUNTS PAYABLE LEDGER
page 301 2 1 3 5 4
1. Write the date.
2. Write the journal page number.
4. Write the new account balance.
3. Write the credit amount.
5. Write the vendor number.
LESSON 11-1

6. POSTING FROM A CASH PAYMENTS JOURNAL TO AN ACCOUNTS PAYABLE LEDGER
page 302 2 1 5 3
1. Write the date.
2. Write the journal page number.
3. Write the debit amount. 4
4. Subtract the amount in the Debit column from the previous balance in the Credit column. Write the new balance.
5. Write the vendor number.
LESSON 11-1

7. POSTING A CREDIT ENTRY FROM A GENERAL JOURNAL TO AN ACCOUNTS PAYABLE LEDGER
page 303 2 1 5 3 4
1. Write the date.
4. Add the amount in the Credit column to the previous balance in the Credit Balance column. Write the new balance.
2. Write the general journal page number.
3. Write the amount.
5. Write the vendor number.
LESSON 11-1

8. POSTING A DEBIT ENTRY FROM A GENERAL JOURNAL TO AN ACCOUNTS PAYABLE LEDGER
page 303 2 1 3 5 4
1. Write the date.
4. Add the amount in the Debit column to the previous balance in the Debit Balance column. Write the new balance.
2. Write the general journal page number.
3. Write the amount.
5. Write the vendor number.
LESSON 11-1

9. COMPLETED ACCOUNTS PAYABLE LEDGER
page 304
LESSON 11-1

10. 38. Posting to Accounts Payable ledger
Schedule of accounts payable – a listing of vendor accounts, account balances, and total amount due all vendors

11. 39. Posting to Accounts Receivable ledger

12. ACCOUNTS RECEIVABLE LEDGER FORMS
page 308 1
Customer name 2
Customer number
LESSON 11-2

13. POSTING FROM A SALES JOURNAL TO AN ACCOUNTS RECEIVABLE LEDGER
page 309 2 5 1 3 4
1. Write the date.
4. Add the amount in the Debit column to the previous balance in the Debit Balance column. Write the new account balance.
2. Write the sales journal page number.
5. Write the customer number.
3. Write the debit amount.
LESSON 11-2

14. POSTING FROM A CASH RECEIPTS JOURNAL TO AN ACCOUNTS RECEIVABLE LEDGER
page 310 2 1 5 3
1. Write the date.
2. Write the cash receipts journal page number.
3. Write the credit amount. 4
4. Subtract the amount in the Credit column from the previous balance in the Debit Balance column. Write the new balance.
5. Write the customer number.
LESSON 11-2

15. POSTING A CREDIT ENTRY FROM A GENERAL JOURNAL TO AN ACCOUNTS RECEIVABLE LEDGER
page 311 2
1. Write the date.
2. Write the general journal page number. 1
3. Write the amount. 5 3
4. Subtract the amount in the Credit column from the previous balance in the Debit Balance column. Write the new balance. 4
5. Write the customer number.
LESSON 11-2

16. COMPLETED ACCOUNTS RECEIVABLE LEDGER
page 312
LESSON 11-2

17. 39. Posting to Accounts Receivable ledger
Schedule of accounts receivable – a listing of customer accounts, account balances, and total amount due all customers

18. 40. Posting to the general ledger
Order of posting – transactions should be posted by
1. Date
2. Then by journal in the following order:
Sales journal
Purchases journal
General journal
Cash receipts journal
Cash payments journal

19. STARTING A NEW PAGE FOR AN ACCOUNT IN A GENERAL LEDGER1 2 3 4 5 6
1. Write the account title.
2. Write the account number.
3. Write the date.
4. Write the word Balance in the Item column.
5. Place a check mark in the Post. Ref. column.
6. Write the balance.
LESSON 11-3

20. POSTING FROM THE GENERAL AMOUNT COLUMNS OF A CASH PAYMENTS JOURNAL TO A GENERAL LEDGER
page 316 2 3 1 5
1. Write the date.
2. Write the journal page number.
3. Write the debit amount. 4
4. Add the amount in the Debit column to the previous balance in the Balance Debit column. Write the new balance.
5. Write the general ledger account number.
LESSON 11-3

21. POSTING A DEBIT ENTRY FROM A GENERAL JOURNAL TO A GENERAL LEDGER
page 317 2
1. Write the date.
2. Write the general journal page number. 1 5 3
3. Write the amount.
4. Calculate and write the new account balance. 4
5. Write the general ledger account number.
LESSON 11-3

22. POSTING A CREDIT ENTRY FROM A GENERAL JOURNAL TO A GENERAL LEDGER
page 318 2
1. Write the date.
2. Write the general journal page number. 1 5 3
3. Write the amount.
4. Calculate and write the new account balance.
5. Write the general ledger account number. 4
LESSON 11-3

23. POSTING TOTALS OF A SALES JOURNAL TO A GENERAL LEDGER
LESSON 11-4
4/13/2017
POSTING TOTALS OF A SALES JOURNAL TO A GENERAL LEDGER
page 320 2
1. Write the date.
2. Write the sales journal page number. 1 3
3. For each column and account, write the column total. 5
4. For each account, calculate and write the new account balance. 4
5. In the sales journal, write the general ledger account number.
LESSON 11-4

24. POSTING THE TOTAL OF A PURCHASES JOURNAL TO A GENERAL LEDGER
page 321 2
1. Write the date.
2. Write the purchases journal page number.
3. For each account, write the purchases journal column total. 3 1 5
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. 4
LESSON 11-4

25. POSTING SPECIAL AMOUNT COLUMN TOTALS OF A CASH RECEIPTS JOURNAL TO A GENERAL LEDGER
page 322 2
1. Date
2. Journal page number 1 3
3. Column total 5
4. Account balance
5. Account number 4
LESSON 11-4

26. POSTING SPECIAL AMOUNT COLUMN TOTALS OF A CASH PAYMENTS JOURNAL TO A GENERAL LEDGER
page 324 2 1 3 5
1. Date
2. Journal page number 4
3. Column total
4. Account balance
5. Account number
LESSON 11-4

27. JOURNALIZING CORRECTING ENTRIES AFFECTING CUSTOMER ACCOUNTS
LESSON 11-5
4/13/2017
JOURNALIZING CORRECTING ENTRIES AFFECTING CUSTOMER ACCOUNTS
page 327
December 10. Discovered that a sale on account to Cumberland Center on December 3 was incorrectly charged to the account of Country Crafters, $ Memorandum No. 56. 2 4 1 5 3 6
1. Write the date.
5. Write the name of incorrectly charged customer.
2. Write the name of correct customer.
6. Write the amount.
3. Write the memorandum number.
4. Write the amount.
LESSON 11-5
Blue

28. POSTING CORRECTING ENTRIES AFFECTING CUSTOMER ACCOUNTS
LESSON 11-5
4/13/2017
POSTING CORRECTING ENTRIES AFFECTING CUSTOMER ACCOUNTS
page 328 2 1 3 5
1. Write the date.
2. Write the general journal page number.
3. Write the amount.
4. Calculate and write the new account balances. 4
5. Write the appropriate customer number in the Post. Ref. columns.
LESSON 11-5
Blue