Accounting Post Test Questions

After the test:

Ch. 13 is about posting to general and subsidiary ledgers

1) Define subsidiary ledger. What two subsidiary ledgers do we have in this chapter?

2) Which column do you post individual entry amounts from?

3) Of the 11 column journal, which columns do you just post totals?

4) Write the steps to posting to the accounts payable ledger.

5) Write the steps to posting to the accounts receivable ledger.

6) What is a schedule of accounts payable? Where do the numbers come from to create it? How do you know if it is correct?

7) What is a schedule of accounts receivable? Where do the numbers come from to create it? How do you know if it is correct?