The general journal is a permanent record organized by account number. Posting is the process of transferring information from the journal to individual accounts in the ledger. The trial balance is a proof that total debits equal total credits in the ledger.

• Explain the purpose of the general ledger.

• Describe the steps in the posting process.

• Post general journal entries.

• Prepare a trial balance.

• Locate and correct trial balance errors.

• Record correcting entries in the general journal.