In class we finished up our discussion on the General Journal. Students should now be highly skilled at analyzing transactions using the T accounts and recording said transactions in the General Journal.
Afterwards, students were introduced to the General Journal. After recording transactions in the General Journal, the information should be posted to the General Ledger-as each account has its own ledger that keeps a running total of the balance in the account.
The notes are attached below and the homework is to study for Quiz #3 on Chapter 5-6.
Notes - The General Ledger
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