Pupils discover how to journal adjustments and post them into general ledger accounts. They explore what a post closing trial balance is and why it is prepared at the end of a fiscal period. They complete an outline and play online games.

Students review general ledgers, introduction of a corporation, and how they are set up. Students review transactions used on a general journal such as: journaling purchase returns and allowances, buying supplies on accounts, then...

Students participate in a number of activities to learn how to adjust general ledger accounts and journal closing entries.

Young scholars use the Internet as a resource to introduce them to various types of business journaling such as purchase journals, sales journals, cash payment journals and cash receipts journals. They review transactions in a general...

Students use Monopoly to review the accounting cycle. They create their own transactions while playing Monopoly. Students produce the financial statements that will match the transactions of the game.

Students study uncollectible accounts expenses. They analyze adjustments for uncollectible accounts expense and enter the adjustments on a work sheet. They post entries to a general journal and to the accounts receivable and general...

Tenth graders create and maintain a ledger, write an essay for the process, and learn to keep financial accounts through the ledger. In this ledger instructional activity, 10th graders define an accounting ledger and create one for the...

Students explore the principals of accounting and operating a business.  In this business or financial math class, students investigate business documents, day books, bookkeeping, balance sheets, etc. in this self-paced...

Students explore sales journal, purchases journal, general journal, cash receipts journal, and Cash payments journal. They master the online vocabulary activities and then they complete the online chapter quiz.

Students study current assets and plant assets. They post entries to the general ledger and explore the effects of depreciation on plant assets, how to calculate the depreciation expense for an entire fiscal year using the Straight-Line...

Young scholars study uncollectible accounts expense. They analyze an adjustment for uncollectible accounts expense, enter an adjustment for uncollectible accounts expense on a Work Sheet, and post the entry to write off an uncollectible...

Tenth graders create journals on their spending habits. In this money-management lesson plan, 10th graders create and keep journals of their personal income and expenditures. Students learn to use Excel to create a spreadsheet for their...

This article describes recording sales on account in a sales and cash receipts journal and then posting to an accounts receivable ledger. It also describes the relationship between the accounts receivable ledger and the general ledger....

This site describes the general ledger and its importance in an accounting system and its relationship to the subsidiary ledgers. The site explains how to set up the general ledger, how the General Ledger Creates an Audit Trail, and more.