Scribd
Upload
96 views

Recording To The Journal & Posting To The Ledger

Recording transactions in the journal involves documenting financial events in chronological order, including date, account titles, and debit/credit amounts. This information is then posted to the ledger, where individual account pages are maintained to track balances over time. Posting transfers journal entry details to the relevant ledger accounts to update running balances.

Uploaded by

Camellia
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
96 views

Recording To The Journal & Posting To The Ledger

Recording transactions in the journal involves documenting financial events in chronological order, including date, account titles, and debit/credit amounts. This information is then posted to the ledger, where individual account pages are maintained to track balances over time. Posting transfers journal entry details to the relevant ledger accounts to update running balances.

Uploaded by

Camellia
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 19

Recording to the Journal & Posting to

the Ledger
Recording a Transaction in the Journal
(Journalizing)
Preparing the Ledger: Posting

You might also like