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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 38,900 8,000 Nov. 2 Date Item Post. Ref. Debit Credit Debit Credit Nov. 8 16,600 4,800 Nov. 15 2016 Nov. 22 27,700 5,200 Nov. 21 J1 Dec. 21 14,400 10,200 Nov. 25 J1 Dec. 28 13,200 4,400 Dec. 1 J1 2,000 Dec. 3 J1 5,600 Dec. 15 J1 Bal. 70,600 J1 J1 J1 J1 J1 J1 J1
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