Assets, Liabilities, Owner's Equity, Revenue and Expenses
List the 5 general ledger categories listed in a chart of accounts.
The _____ digit in an account number shows the general ledger division in which the account is located.
The _____ _______ digits indicate the location of an account within a general ledger division.
Write the date in the date column, write the journal page number in the post ref column, write the credit or debit amount in the corresponding column, write the new account balance, return to the journal and write the account number in the post ref column of the journal
List the five steps of posting from the general columns of a journal to the general ledger.
b. account number
When posting to the ledger, what number do you write in the post ref column of your journal? A. journal page number, b. account number, c, date of reconciliation.
True or False: the general debit and general credit columns are not posted individually to a ledger.
True or False: the advantage of a special amount column is that only the column total needs to be posted.