2 Post the transaction to the four-column ledger account and complete the journal entry. Journal Date 2016 Nov. 1 Cash Cash Accounts and Explanation Bright, Capital Owner Contribution. - Page 1 Post. Ref. Debit Credit 50,000 50,000 Account No. 101 Balance Date Item Post. Ref. Debit Credit Debit Credit 2016 Bright, Capital Account No. 301 Balance Date Item Post. Ref. Debit Credit Debit Credit 2016