General Ledger (T Accounts) | Explained with Examples | Accounting Basics

In this basic accounting lesson, we explain what the General ledger (T accounts) is, why we record transactions in the General ledger (T accounts), and how to record the transactions. We go through various examples where we post to the general ledger (t accounts). We also show how to post to the general ledger from journals as well as how to close off/balance off the t accounts (general ledger).
Check out other straightforward examples on our channel.
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*Now I have a question for you to answer. The question is "How do I record those transactions in the trial balance?"

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Thank you very much , it was very helpful. I just want to know that when we are given balances of the previous month to put into the general ledger how do we know which balances go on the debit and which go on the credit side

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[@lomdzala747]

Hi, as a farmer, how do i record my produce from the production field to the finished goods account

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Do we record accounts payable and receivable in the ledger if yes how do we record

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How to post this on general ledger january 2 sold merchandise on credit to BB 240,000

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kindly prepare ledger and how to post to trial ballance

[@LindaTamati-kn2cr]

You said that if the account is bank account we won't put bank in the leger .so If the account in the general Leger was about office furniture and office equipment what will I put in the ledger?

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Please, if the inventory was bought on credit, is the inventory going to be on the debit or the credit side of the Payables T account?

[@Counttuts]

It will be recorded on the credit side of Payables T account.

[@azilefirst9866]

I can't comment on GJ lesson, I wanted to ask if how do you know if it's belonging to General Journal, because I done my journals and ledgers and now I'm stuck with GJ please HELP.🙏🙏

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For the general ledger, do we balance only the bank account? What about for example the inventories, station etc?

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Wat about if there is a discount??

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How to post cash payment journal to general ledgerq

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[@ndumisondlovu6772]

How do we record a loan with its interest on the T-account

[@abrahamsaxah2379]

was the loan lend out or received?

[@frankishathomas7801]

how do u go about balancing off the account if all transactions are on one side of the account?

[@sirkermitthefirstoffrogeth9622]

I don't think that is possible. He said that there is always to transactions in one writing so...No thats not possible.

[@luthandocollinsmbenge155]

which values do you use for a trial balance