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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
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 Cash Account No. 101 Balance Nov. 1 40,600 7,600 Nov. 2 Date Item Post. Ref. Debit Credit Debit Credit Nov. 8 17,200 4,600 Nov. 15 2016 Nov. 22 28,800 4,900 Nov. 21 Nov. 1 J1 40600 Dec. 21 14.900 9,900 Nov. 25 Nov. 2 J1 40600 7600 300 Dec. 28 13,800 4,200 Dec. 1 Nov. 8 J1 200 17200 1,900 Dec. 3 Nov. 15 J1 10 5,300 Dec. 15 Nov. 21 J1 4900 Bal. 76,900 Nov. 22 J1 28800 Nov. 25 J1 9900 4200 Dec. 1 J1 Dec. 3 J1 Dec. 15 J1 Dec. 21 J1 14900 Dec. 28 J1 13800 1900 5300 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 Cash Account No. 101 Balance Nov. 1 40,600 7,600 Nov. 2 Date Item Post. Ref. Debit Credit Debit Credit Nov. 8 17,200 4,600 Nov. 15 2016 Nov. 22 28,800 4,900 Nov. 21 Nov. 1 J1 40600 Dec. 21 14.900 9,900 Nov. 25 Nov. 2 J1 40600 7600 300 Dec. 28 13,800 4,200 Dec. 1 Nov. 8 J1 200 17200 1,900 Dec. 3 Nov. 15 J1 10 5,300 Dec. 15 Nov. 21 J1 4900 Bal. 76,900 Nov. 22 J1 28800 Nov. 25 J1 9900 4200 Dec. 1 J1 Dec. 3 J1 Dec. 15 J1 Dec. 21 J1 14900 Dec. 28 J1 13800 1900 5300
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