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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 4-2 Posting from a General Journal to a General Ledger
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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 2 LESSON 4-2 POSTING Transferring information from a journal entry to a ledger account Brings all debits and credits affecting each account to one place Use a post reference number to show where the transaction came from and in case posting is interrupted (know where you left off) page 101
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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 3 LESSON 4-2 1.Write the date.4.Write the new account balance. 2.Write the journal page number. 3.Write the debit amount. 5.Return to the journal and write the account number. POSTING AN AMOUNT FROM THE DEBIT COLUMN OF A GENERAL JOURNAL page 96 1 4 2 3 5
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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 4 LESSON 4-2 POSTING AN AMOUNT FROM THE CREDIT COLUMN OF A GENERAL JOURNAL page 97 1 1.Write the date.4.Write the new account balance. 2.Write the journal page number. 3.Write the credit amount. 5.Return to the journal and write the account number. 4 2 3 5
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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 5 LESSON 4-2 POSTING A DEBIT AMOUNT TO AN ACCOUNT WITH A DEBIT BALANCE page 98 3 5 1 4 1.Write the date.4.Write the new account balance. 2.Write the journal page number. 3.Write the debit amount. 5.Return to the journal and write the account number. 2
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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 6 LESSON 4-2 POSTING A DEBIT AMOUNT TO AN ACCOUNT WITH A CREDIT BALANCE page 99 1.Write the date.4.Write the new account balance. 2.Write the journal page number. 3.Write the debit amount. 5.Return to the journal and write the account number. 3 5 1 4 2
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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 7 LESSON 4-2 JOURNAL PAGE WITH POSTING COMPLETED (continued on next slide) page 100
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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 8 LESSON 4-2 JOURNAL PAGE WITH POSTING COMPLETED page 100 (continued from previous slide)
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