Accounting and Finance Foundations

Unit 6

Accounting and Finance Foundations Unit 6: Journalizing 474

Accounts Payable Subsidiary Ledger 210

December 20YY

Beginning

Balance

$0.00

Date

General

Ledger

Description of Transaction Debit Credit Balance

1 12/05/20YY 210 Accounts Payable $2,500.00 $2,500.00

2 12/20/20YY 210 Accounts Payable $1,000.00 $1,500.00

3 12/23/20YY 210 Accounts Payable $5,000.00 $6,500.00

Lesson 16.3 Posting to the General Ledger (cont’d)

Capital Subsidiary Ledger 310

December 20YY

Beginning

Balance

$0.00

Date

General

Ledger

Description of Transaction Debit Credit Balance

1 12/01/20YY 310 Capital, Mrs. King $30,000.00 -$30,000.00

2 12/21/20YY 310 Capital, Mrs. King $500.00 -$30,500.00

Journalizing

Chapter 16Chapter 6

Student Guide

Owner’s Draw Subsidiary Ledger 320

December 20YY

Beginning

Balance

$0.00

Date

General

Ledger

Description of Transaction Debit Credit Balance

1 12/21/20YY 320 Owner’s Draw, Mrs. King $600.00 $600.00