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Posting to the Ledger

Chapter 7. Posting to the Ledger. The Balance Column Account. The most commonly used ledger account is the balance column account . It has three money columns: one for debit amounts; one for credit amounts; and a third that shows the account balance. Opening an Account.

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Accounting 3

Accounting 3. Chapter 18 Section 4. General Journal. For corporations, general journals are used to record any information that will not go into any of the special journals. This usually includes any transactions involving memorandums. General Journal. Page ___. Doc. No. Post Ref. Date.

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Posting reference - PowerPoint PPT Presentation

Posting to the Ledger

Accounting 3