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Activity 3.b - Identifying the similar elements between the T-Account and the Four-Column Ledger Account After journalizing entries, information can be entered into T-Accounts and/or

image text in transcribed Activity 3.b - Identifying the similar elements between the T-Account and the Four-Column Ledger Account After journalizing entries, information can be entered into T-Accounts and/or the four-column ledger. Enter the information from the T-Account and calculate the running balance in the appropriate place in the four- column ledger to review the similarities between the two formats. Cash Account No. 101 Cash Balance Nov. 1 40,600 11,900 Nov. 2 Date Item Post. Ref. Debit Credit Debit Credit Nov. 8 17,300 7,100 Nov. 15 2016 Nov. 22 28,900 7,700 Nov. 21 Nov. 1 J1 40600 40600 Dec. 21 15,000 15,400 Nov. 25 Nov. 2 J1 11900 28700 Dec. 28 13,800 6,500 Dec. 1 Nov. 8 J1 17300 2,900 Dec. 3 Nov. 15 J1 7100 8,300 Dec. 15 Nov. 21 J1 7700 Bal. 55,800 Nov. 22 J1 28900 Nov. 25 J1 15400 Dec. 1 J1 6500 Dec. 3 J1 2900 Dec. 15 J1 8300 Dec. 21 J1 15000 Dec. 28 J1 13800

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