I will be responsible for knowing and understanding the following
concepts:
Define Accounting Terms: Related to posting to ledgers
Identify Accounting Concepts and Practices: related to posting to ledgers
Post Separate Items From: Purchases, Cash Payments, and general journal's to
an accounts payable ledger
Post Separate Items From: Sales, Cash Receipts, and General Journals to an
accounts receivable ledger
I will be able to listen to my instructor and take notes, be an active
participant as needed.
I will complete the appropriate Workbook Assignments
 Does
a corporation have more or
less accounts than a sole
proprietorship?
 Is
it effective for a corporation to
use ONE General Ledger for all
their accounts?



Subsidiary Ledger: A ledger that is summarized
in a single general ledger account
Accounts Payable Ledger: A subsidiary ledger
containing only accounts for vendors from whom
merchandise or other items are purchased on
account
Controlling Account: An account in a general
ledger that summarizes all accounts in a
subsidiary ledger.

Schedule of Accounts Payable: A listing of
vendor accounts, account balances, and total
amount due all vendors
1
3
1.
2.
3.
4.
5.
6.
4
2
5
Write the vendor name.
Write the vendor number.
Write the date.
Write the word Balance.
Place a check mark in the Post. Ref. column.
Write the balance.
6
2
1
5
3
1. Write the date.
2. Write the journal page number.
3. Write the credit amount.
4
4. Write the new account balance.
5. Write the vendor number.
5
1
2
3
1. Write the date.
2. Write the journal
page number.
3. Write the debit
4
amount.
4. Subtract the amount in the Debit column from the previous balance in
the Credit column. Write the new balance.
5. Write the vendor number.
1
3
2
5
4
1. Write the date.
2. Write the general journal
page number.
3. Write the amount.
4. Add the amount in the Credit column to
the previous balance in the Credit
Balance column. Write the new balance.
5. Write the vendor number.
1
2
5
3
4
1. Write the date.
2. Write the general journal
page number.
3. Write the amount.
4. Add the amount in the Debit column to
the previous balance in the Debit
Balance column. Write the new balance.
5. Write the vendor number.
page 306





subsidiary ledger
accounts payable ledger
accounts receivable ledger
controlling account
schedule of accounts payable
LESSON 11-1
13
•When
we post transactions that have to do
with cash we RECEIVE, which subsidiary ledger
do you think we will post to?
1
Customer name
2
Customer number
2
1
5
3
4
1. Write the date.
4. Add the amount in the Debit column to the
previous balance in the Debit Balance
2. Write the sales journal
column. Write the new account balance.
page number.
3. Write the debit amount. 5. Write the customer number.
5
1. Write the date.
3
2. Write the cash 1
receipts journal
page number.
3. Write the credit
2
amount.
4
4. Subtract the amount in the Credit column from the previous
balance in the Debit Balance column. Write the new balance.
5. Write the customer number.
1
2
3
5
4
1. Write the date.
2. Write the general
journal page
number.
3. Write the amount.
4. Subtract the
amount in the
Credit column
from the previous
balance in the
Debit Balance
column. Write the
new balance.
5. Write the
customer number.
page 314
TB
WB
WT 11-1
Pg. 306
Pgs. 253-254
WT 11-2
Pg. 314
Pgs. 257-258
OYO 11-1
Pg. 306
Pgs. 255-256
OYO 11-2
Pg. 314
Pgs. 259-260
LESSON 11-2
21
I will be responsible for knowing and understanding the following
concepts:
Define Accounting Terms: Related to posting to ledgers
Identify Accounting Concepts and Practices: related to posting to ledgers
Post Separate Items From: Cash Payments Journal and General Journal to
general ledgers.
Post Separate Items From: Special Journal Column Totals to general ledgers.
Correct Errors in Subsidiary Ledger Accounts
I will be able to listen to my instructor and take notes, be an active
participant as needed.
I will complete the appropriate Workbook Assignments
Posting from Journals to a General Ledger
1
3
4
2
5
1. Write the account title.
2. Write the account number.
3. Write the date.
4. Write the word Balance in the Item column.
5. Place a check mark in the Post. Ref. column.
6. Write the balance.
6
3
1
2
5
1. Write the date.
2. Write the journal
page number.
3. Write the debit
4
amount.
4. Add the amount in the Debit column to the previous balance in the
Balance Debit column. Write the new balance.
5. Write the general ledger account number.
1
5
2
3
4
1. Write the date.
2. Write the
general journal
page number.
3. Write the
amount.
4. Calculate and
write the new
account
balance.
5. Write the
general ledger
account number.
1
2
5
3
4
1. Write the date.
2. Write the
general journal
page number.
3. Write the
amount.
4. Calculate and
write the new
account
balance.
5. Write the
general ledger
account number.
Posting Special Journal Totals to a General
Ledger
1
2
3
5
4
5
1
2
3
4
5
1
2
3
4
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.
1
2
3
4
1
2
3
4
1. Write the date.
2. Write the purchases
journal page number.
3. For each account,
write the purchases
journal column total.
5
4. For each account,
calculate and write
the new balance.
5. Write the purchases
general ledger
5
account number and
the accounts payable
general ledger
account number.
1
2
5
3
5
5
5
1. Date
2. Journal page
number
3. Column total
4. Account balance
5. Account number
5
4
1
2
3
4
1
1
2
3
4
2
1
3
2
4
3
4
2
1
5
5
3
1.
2.
3.
4.
5.
4
1
2
1
3
2
3
5
4
4
Date
Journal page number
Column total
Account balance
Account number
Correcting Errors in Subsidiary Ledger
Accounts
December 10. Discovered that a sale on account to Cumberland
Center on December 3 was incorrectly charged to the account of
Country Crafters, $412.00. Memorandum No. 56.
2
4
1
5
1.
2.
3.
4.
Write the date.
Write the name of correct customer.
Write the memorandum number.
Write the amount.
3
6
5. Write the name of incorrectly
charged customer.
6. Write the amount.
1
5
2
3
4
1
2
3
5
4
1. Write the date.
2. Write the general
journal page number.
3. Write the amount.
4. Calculate and write the
new account balances.
5. Write the appropriate
customer number in the
Post. Ref. columns.
page 314
TB
WB
WT 11-3
Pg. 319
Pgs. 261-263
WT 11-4
Pg. 326
Pgs. 261-263
OYO 11-3
Pg. 319
Pgs. 264-266
OYO 11-4
Pg. 326
Pgs. 264-266
LESSON 11-2
36
Correcting Errors in Subsidiary Ledger
Accounts
December 10. Discovered that a sale on account to Cumberland
Center on December 3 was incorrectly charged to the account of
Country Crafters, $412.00. Memorandum No. 56.
2
4
1
5
1.
2.
3.
4.
Write the date.
Write the name of correct customer.
Write the memorandum number.
Write the amount.
3
6
5. Write the name of incorrectly
charged customer.
6. Write the amount.
1
5
2
3
4
1
2
3
5
4
1. Write the date.
2. Write the general
journal page number.
3. Write the amount.
4. Calculate and write the
new account balances.
5. Write the appropriate
customer number in the
Post. Ref. columns.