Accounting - Chapter 4

Chapter Objectives

  • Construct a chart of accounts for a service business organized as a proprietorship.
  • Demonstrate correct principles for numbering accounts.
  • Apply file maintenance principles to update a chart of accounts.
  • Complete the steps necessary to open general ledger accounts.
  • Post amounts from the General Debit to the General Credit columns of a journal.
  • Post column totals from a journal to ledger accounts.
  • Analyze incorrect journal entries and prepare correcting entries.
  • Demonstrate how to correct errors made during the posting process.

Posting to a General Ledger

Chapter 4 PowerPoint

4-1 | 4-2 | 4-3 | 4-4

Chapter 4 Quizlet


Application Problem 4-4


Think Like An Accountant