Key Accounting Principles Volume 1, 4th Edition - Textbook - page 92

Chapter 4 The Accounting Cycle: Journals and Ledgers
92
Figure 4.13 shows how the general ledger would look after posting all the journal entries from
Figure 4.12.
GENERAL LEDGER
Account: Cash GL. No. 101
Date Description PR DR CR Balance
2016
Jan 1 Opening Balance 3,000 DR
Jan 2 J1 1,500 4,500 DR
Jan 3 J1 800 3,700 DR
Jan 4 J1 1,200 2,500 DR
Jan 5 J1 5,000 7,500 DR
Jan 7 J1 2,300 5,200 DR
Jan 16 J1 500 4,700 DR
Jan 19 J1 1,100 5,800 DR
Jan 30 J1 2,000 3,800 DR
Account: Accounts Receivable GL. No. 105
Date Description PR DR CR Balance
2016
Jan 1 Opening Balance 1,200 DR
Jan 10 J1 1,800 3,000 DR
Account: Prepaid Insurance GL. No. 110
Date Description PR DR CR Balance
2016
Jan 1 Opening Balance 0 DR
Jan 4 J1 1,200 1,200 DR
Account: Equipment GL. No. 120
Date Description PR DR CR Balance
2016
Jan 1 Opening Balance 6,000 DR
Jan 7 J1 2,300 8,300 DR
Account: Accounts Payable GL. No. 200
Date Description PR DR CR Balance
2016
Jan 1 Opening Balance 1,000 CR
Jan 20 J1 250 1,250 CR