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Project 1

1. Project 1

1.20. Training Room 6

Training Room 6: Posting and the Trial Balance

Training Room 6: Posting and the Trial Balance

 

Training Room 6 Introduction

 

Suggested Time: 240 minutes

 

So far you have completed the first two steps of the accounting cycle—source documents and journalizing.

 

This training room is divided into two parts:


Part 1 covers Step 3 of the accounting cycle, which is posting the journal entries into the general ledger.

 

Part 2 covers Step 4 of the accounting cycle, which is verifying these postings by completing a Trial Balance from the general ledger.

 

Take a look at Steps 3 and 4 in the Interactive Accounting Cycle, and then continue on in Training Room 6.