| A | B |
|---|
| The purpose of posting | Update ledger accounts |
| This is recorded in post ref column of ledger accounts | The letter and page number of the journal |
| Do this when a journal page is filled and more entries are to be recorded | Total the columns and carry forward to a new page |
| When a journal's debit and credit columns match | The journal "proves" |
| Account debited when the owner withdrew cash | James Douglas, Drawing |
| The date you use when posting column totals | Last day of the month |
| Transfer of information from a journal to a ledger account | Posting |
| Double ruling a journal's column means this | The journal is complete and in balance |
| The ledger is "proved" after posting is completed by preparing this | Trial balance |
| Errors discovered after a transaction has been journalized an posted are corrected by this | Correcting entry |
| The information initially recorded in ledger from a begining balance | Opening balance |
| Transposition | An error where where two numbers are reversed |
| The first step in posting | Write in the date |
| The last step in posting | Recording an account number in the journal |
| For every journal entry you will post to? | At least two accounts |
| The total of a journal's general debit column | Is not posted |
| In the journal, an account number below a column total indicates this | The total has been posted |
| If you paid cash for rent, you post a debit to this account | Rent expense |
| A group of accounts | A ledger consists of these |
| A line or dash in a balance column indicates this | A zero balance |
