General Ledger Structure

General ledgers in a manual accounting system consist of several pages, usually bound into a book. There is a separate page for every account, arranged according to the groupings and the order they appear in the financial statements. Two common formats are the T-account and 3-column structures. The structure is irrelevant in a computerized system. The program and processing routines take care of posting the general journal entries to the accounts.

MAIN PRESENTATION

The button below opens the main presentation in a separate window. View the entire presentation and complete all activities and requirements. Completion status will be submitted to your organization if requested.

NOTES AND JOURNALS

Write notes in the box below. You may notify your instructor. Only you or your instructor, if notified, can view your notes and replies. Click the History box to view, delete, or download your notes for this lesson. You may view and download all your notes from your dashboard which you can access from the main menu (Courses>My Courses).

COMMENTS AND DISCUSSION

Post comments and replies in the discussion box below to share insights for this lesson. Discussions are moderated and should be related to the topic. Active participation in discussions may be graded. Ask your teacher or group leader for instructions and information on grading guidelines.

0 Comment(s)

Post a comment

Leave a Comment