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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
- Obtain a Notes 11-4 handout from your instructor and record your notes through the presentation. You can also view the Notes 11-4 presentation.
Working Together 11-4
- 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
- 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
- Complete this self-assessment for Lesson 11-4. You can use your textbook and notes to complete this assessment.
Application Problem 11-4
- 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.
