Day 108

After studying Chapter 11, you will be able to:

  • Define accounting terms related to posting to ledgers.
  • Identify accounting concepts and practices related to posting to ledgers.
  • Post separate items from a purchases, cash payments, and general journal to an accounts payable ledger.
  • Post separate items from a sales, cash receipts, and general journal to an accounts receivable ledger.
  • Post separate items from a cash payments and general journal to a general ledger.
  • Post special journal column totals to a general ledger.
  • Journalize and post correcting entries affecting customer accounts. 

Notes 11-4

  1. Obtain a Notes 11-4 handout from your instructor and record your notes through the presentation.  You can also view the presentation here.

Working Together 11-4

  1. Use the journals that were used in Working Together 11-1 and 11-2 as well as the general ledger accounts in the Lesson 11-3 & 11-4 spreadsheet you copied in Lesson 11-3.

On Your Own 11-4

  1. Use the journals that were used in On Your Own 11-1 and 11-2 as well as the general ledger accounts in the Lesson 11-3 & 11-4 spreadsheet you copied in Lesson 11-3.

Self-Assessment 11-4

  1. Complete this self-assessment for Lesson 11-4.  You can use your textbook and notes to complete this assessment. 

Application Problem 11-4

  1. The sales, purchases, and cash receipts journals for Hartley Corporation are given in the Lesson 11-3 & 11-4 Application Problem spreadsheet you copied in Lesson 11-3.  Use the general ledger accounts and cash payments journal from Application Problem 11-3.  Complete the assignment using the instructions on page 332 of your textbook or below.