Accounting 102 - The Ledger & The Trial Balance

Beginner-friendly course on the ledger and the trial balance guides you to post, balance, and prepare basic accounting books up to the income statement, profit loss statement, and balance sheet.

Learn how to post to the ledger from a journal entry, balance debits and credits, and prepare cash and capital ledgers with closing and opening balances.

Discover how the ledger collects all journal debits and credits, explains posting, and contrasts general and running balance ledgers, supporting trial balance, profit and loss, and balance sheets.

Identify the ledgers from the journal entries; post to cash, capital, purchases, sales, sales return, purchase return, accounts payable, accounts receivable, and salaries expense; then balance toward the trial balance.

Create a trial balance from ledgers to verify debit and credit balances. It helps detect arithmetic errors and supports preparing profit and loss statement and balance sheet.

Master the ledger and trial balance with a practice question and journal entries, then watch the bonus video for solutions and explore the follow-up on special journals and the ledger.

Explore solution practice for journal entries, recording capital, purchases, sales, payables, receivables, and rent, and preparing the general journal, ledgers, and trial balance for March 2017.

Post journal entries to ledgers by identifying affected accounts, recording debits and credits, balancing each ledger, and preparing the trial balance with balance brought down.

Fill and balance the trial balance template by listing ten ledgers, recording debits and credits for cash, purchases, capital, and other accounts, and ensure the totals balance.