Ledger Accounting
Accounting – How to post to the ledger from the columnar journal?
I don’t know how to post the columnar journal to the ledger in accounting. How do i date it? Do I add both the debits and credits or subtract one another before posting it to the ledger.
It’s hard to explain using narratives, but this lecture with full illustration might help you.
http://www.cliffsnotes.com/WileyCDA/CliffsReviewTopic/The-Recording-Process-Illustrated.topicArticleId-21081,articleId-21013.html
Accounting 101 Part 08 Journal Ledger
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