Question

Journalise the following transaction post them to ledger
and balance the accounts.​

Answer 1

Explanation:

How to post journal entries to the general ledger

Create journal entries.

Make sure debits and credits are equal in your journal entries.

Move each journal entry to its individual account in the ledger (e.g., Checking account)

Use the same debits and credits and do not change any information.

Calculate account balances in your general ledger.