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Posting Journals to the T AccountsPrevious lesson: Balancing T-Accounts Next lesson: Control Accounts As previously mentioned, the second step in the accounting cycle is recording the accounting journals. The third step is posting the journals to the ledger (T-accounts). What does this mean? Posting means to transfer the information calculated in the journals to the various T-accounts in the ledger. Let's see exactly how this transfer is done. Look through the journals and T-account below, then read on for the explanation: 
In practice we would not put each individual transaction concerning bank into the "bank" T-account. Instead, we would simply take the total of cash receipts from the cash receipts journal (column "bank") and insert this on the debit side of the "bank" T-account. We would likewise take the total of cash payments from the cash payments journal (column "bank") and insert this on the credit side of the "bank" T-account. This is the act of posting the journals to the ledger. As you can see, we get to the same closing balance as in the previous lesson where we learned how to
balance T-accounts.
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