General Ledger Posting, Balancing Accounts and the Trial Balance

What this note covers

1. The General Ledger and the Double-Entry System
2. Posting from Specialised Journals to the General Ledger
3. Posting from the General Journal
4. Balancing Accounts at Period-End: Balance c/d and Balance b/d
5. Subsidiary Ledgers and Control Account Reconciliation
6. Preparing the Unadjusted Trial Balance
7. Why a Balanced Trial Balance Does Not Guarantee Error-Free Records

7 sections · 14 key terms & formulas · 6 common mistakes