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Journal Totals Posting to General Ledger Tutorial

Learn how to post sales, purchases, cash receipts, and cash payments journal totals to the general ledger. Understand column totals and new balance calculations to track financial transactions effectively.

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Journal Totals Posting to General Ledger Tutorial

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  1. LESSON 11-4 Posting Special Journal Totals to a General Ledger

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

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

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

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

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