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.

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 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...

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.