Chapter 7 – Posting | DRAFT | Accounting 1, 7 th Edition 1 Chapter 7 Posting Ch7

Chapter 7 – Posting | DRAFT | Accounting 1, 7th Edition1

Chapter 7Posting

Ch7

Chapter 7 – Posting l DRAFT | Accounting 1, 7th Edition2

Posting

This tutorial guides you through posting journal entries to the ledger.

For more detailed instructions, refer to Section 7.1 of the Accounting 1 textbook.

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Posting

Accounting data in this journal entry has not yet been transferred to the ledger.

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Posting

Turn to the proper accounts in the ledger: Office Furniture,

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Posting

Turn to the proper accounts in the ledger: Office Furniture, Bank,

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Posting

Turn to the proper accounts in the ledger: Office Furniture, Bank, and Accounts Payable – Office Supply Company.

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Posting

Step 1: Record the date.

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Posting

Step 2: Record the page number where the transaction was journalized.

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Posting

Step 3: Record the amount. Be sure to post debits in the debit column and credits in the credit column.

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Posting

Step 4: Calculate the new account balance and identify it as either debit (Dr) or credit (Cr).

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Posting

Step 5: Enter the new balance.

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Posting

Next entry.Step 1: Record the date.

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Posting

Step 2: Record the page number where the transaction was journalized.

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Posting

Step 3: Record the amount. Be sure to post debits in the debit column and credits in the credit column.

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Posting

Step 4: Calculate the new account balance and identify it as either debit (Dr) or credit (Cr).

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Posting

Step 5: Enter the new balance.

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Posting

Next entry.Step 1: Record the date.

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Posting

Step 2: Record the page number where the transaction was journalized.

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Posting

Step 3: Record the amount. Be sure to post debits in the debit column and credits in the credit column.

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Posting

Step 4: Calculate the new account balance and identify it as either debit (Dr) or credit (Cr).

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Posting

Step 5: Enter the new balance.

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Posting

Step 6: Record the account number in the journal’s P.R. column. This is your proof of posting and must always be the final step.

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Posting

Step 6: Record the account number in the journal’s P.R. column. This is your proof of posting and must always be the final step.

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Posting

Step 6: Record the account number in the journal’s P.R. column. This is your proof of posting and must always be the final step.