Post the transaction to the four-column ledger account and complete the journal entry. Journal Page 1 Date Accounts and Explanation Post. Ref. Debit Credit 2016 Nov. 1 Cash 60,000 Common Stock 60,000 Stockholder contribution. Cash Account No. 101 Balance Date Item Post. Ref. Debit Credit Debit Credit 2016 Common Stock Account No. 301 Balance Date Item Post. Ref. Debit Credit Debit Credit 2016