WorksheetsCh 4 Posting to General Ledger & Chart of Accounts
Total questions: 16
Worksheet time: 9mins
A Journal shows in one place all the changes in a single account.
True
False
The procedure of arranging accounts in a general ledger, assigning account numbers, and keeping records current is posting.
True
False
A group of accounts is called a ledger.
True
False
A journal page number is written in the Post. Ref. column of an account to show that posting of the entry is completed.
True
False
If the previous account balance and the current entry posted to an account are both debits, the new account balance is a debit.
True
False
The cash account is the first asset account and is numbered 100.
True
False
The two steps for opening an account are writing the account title and recording the balance.
True
False
The posting reference should always be recorded in the journal's Post. Ref. column before amounts are recorded in the ledger.
True
False
The steps for posting are to write the date, journal pae number, amount, and balance.
True
False
When all posting is completed, the journal's Post. Ref. column is completely filled.
True
False
The first step in the posting procedure is writing the
entry date in the Date column of the account
journal page number in the Post. Ref. column of the account
entry amount in the Debit or Credit column of the account
none of these
The last step in the posting procedure is writing the
entry date in the Date column of the account
journal page number in the POst. Ref. column of the account
entry amount in the Debit or Credit column of the account
none of these
An account number in the journal's Post Ref. column shows
the account to which an amount is posted
the date of the entry
that work on that journal page is completed
none of these
Posting references in a journal are
not necessary
the first item recorded when posting
always placed in an account's Post. Ref. column.
none of these
Determining that the amount of cash agrees with the accounting records is
posting
journalizing
proving cash
none of these
Put the steps in order for Posting an Amount from a General Journal to a General Ledger
Write the Date
Write the Journal Page Number
Write the debit or credit amount
Write the new account balance
Return to the journal and write the account number
