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and the general journal4. Post to ledger – transfer the journal entries to ledger accounts o ledger is kept by account o ledger
post to general ledger
when you post to the general ledger
but at least it balances!) 2. Adjusting entries – prepare and post accrued and deferred items to journals and ledger T-accounts
you add up the credit totals from your ledger account balances and place that total on the trial balance for that ledger account
you could set up a general ledger for yourself.The general ledger provides data for the Balance Sheet and either the Single-Step
that's a good indicator that you forgot to include that ledger account balance on your trial balance.Putting the ledger account
post
post-closing