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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 40,900 9,900 Nov. 2 Date Item Post. Ref. Debit Credit Debit Credit Nov. 8 17,400 5,900 Nov. 15 2016 Nov. 22 29,000 6,400 Nov. 21 Dec. 21 15.100 12,600 Nov. 25 V J1 " V J1 Dec. 28 13,900 5,400 Dec. 1 Bal. 66,800 J1 2,400 Dec. 3 V J1 6,900 Dec. 15 J1 J1 J1 J1 J1 J1 J1 J1
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