Lesson 4: Posting to a General Ledger

1. When looking at a General Journal, can you tell how much cash you have on a given date?
2. How do you think a business organizes a list of accounts to keep track of everything?
3. How do you think a business can tell on a specific date how much cash they have on hand?
4.Predict the types of accounts you would have if you had a lawnscaping or hair salon business?

ledger, general ledger, account number, file maintainence, posting, opening an account, proving cash correcting entry

CTE Business & Finance Technology



B. Accounting Principles: Identify and describe generally accepted accounting principles (GAAP/IFRS) and explain how the application of these principles impacts the recording of financial transactions and the preparation of financial statements.

9. Apply transactions for accounts payable and other short-term debt.
10. Record transactions for long-term debt instruments.
11. Describe and record equity-related transactions.
12. Describe and record revenue-related transactions.
13. Analyze transactions involving accruals.
14. Describe and record expense-related transactions.

C. Accounting Process: Complete the various steps of the accounting cycle in order to prepare financial statements.

15. Analyze and describe how basic business transactions impact the accounting equation




HS.CTE.3A - 3A. Demonstrate comprehension of concepts and/or processes.
HS.CTE.3B - 3B. Apply concepts and processes in a multistep procedure.

*The SAT measures student proficiency in math reading, language, and writing. With strong scores, accounting students set themselves up for successful entry into accounting and finance programs.

Description: introduce students to the fundamental processes of journalizing and posting transactions in accounting.

Purpose: record the information that is recorded chronologically in the General Journal and post the financial information into individual General Ledger accounts.

*DOK 1:
What is the purpose of posting transactions to a General Ledger?
Define what a General Ledger is.
List three examples of transactions that would be recorded in a General Ledger.

DOK 3: Formulate a strategy for detecting and correcting errors in the General Ledger.

Accounting in real world assignments that spotlight a variety of actual business that interest students of all cultures with intriguing questions that connect chapter topics to what's driving business decisions in today's organization.

Misconceptions: that all journal entries that you are posting are correct.

Sampling, modeling, one one instruction, Google classroom or moodle. Handwritten assignments, online instructional tools, videos, real world accounting simulation, textbook, online working papers, excel

Guided Notes worksheet

Guiding questions/term assignment

work together/on own assignment application or mastery working papers

Math assignment

Century 21, Accounting,  General Journal, 11th edition, online/paper edition.

Online working papers (Mindtap)

Microsoft Excel software

online instructional tools