Friday, April 07, 2006

Accounting posting instructions:

1. In the cash receipts journal post the accounts receivable credit column information to the accts. rec. ledger. Balance amounts will reduce. Do not post the check marks!

2. Post the individual items in the cash payments journal to the general ledger and accts. payable ledger. Pay close attention to how the balances are affected.

3. Have a good day in high school accounting.

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