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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
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 Nov. 1 41,700 9,700 Nov. 2 Date Item Post. f. Debit Credit Debit Credit NOV 17,800 5800 Nov 15 2016 Nov 22 29.700 6,100 Nov 21 Dec 21 15.400 12.600 Nov. 25 Dec. 28 14200 5.300 Dec 1 11 2,400 Dec. 3 J 6.800 Dec 15 21 Bal 69,900 11 11 n 31 11 11
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