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Instructions and help about self employment income form

hi and welcome back to Financial Accounting 1 today we're going to work on posting from a general journal to a general ledger I'm going to be switching between this screen that you see the general journal and the general ledger so the general ledger is more like what you would use for your checkbook there's a place for a date there's a place for a description but we don't put a description in often there's a place for a posting reference the posting reference will refer to the journal page that you're posting from so when I switch back to the journal you can see that this is journal page 1 and then we'll switch back to the ledger we would put a 1 right there for journal page and then you can see we have a debit and a credit and a balance so we'll record whether it's a debit or a credit and then the balance the important thing here is to understand whether the account has a normal debit or a normal credit balance this account is going to be cash to set up your ledger accounts you'll typ

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