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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 the
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. Be sure to enter the transactions in chronological order. Cash Cash Account No. 101 Balance N1 41003 6200 nov 2 Date Item Post Ref Debit Credit Debi Credit Nov 13,500 3.700 Nov 15 2016 NOW 27 28300 4.000 0.21 D21 11.100 500 E 28 14000 A400Dec 1 1,500 D3 41000 200 1700 1500 JOB 4300 DH 15 40 V 29100 700 100 JU 1400 3400 1500 500 430 4300 O 11 1510 100 if 14000 WOL T
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