BOOKS OF ORIGINAL ENTRY 101 



Walter Marsh Capital 



1916 



Jan. 1 Net Invest. 1.. 2,500 



Labor 



1916 



June 30 Cash . . 1 170 



General Expense 



1916 



Apr. 12 Cash 1 21 



Miscellaneous Income 



1916 



June 18 Cash 1 34 



Posting from the Cash Journal. From an examination 

 of the cash journal and the ledger accounts as presented 

 in Illustrations 22 and 23, it is seen that the ledger accounts 

 are more condensed than in Illustrations 19 and 21, when 

 the ledger was prepared from the simple journal and sim- 

 ple cash book, respectively, with the same group of transac- 

 tions. The Labor account has only one entry, which is the 

 total of the labor debit column of the cash journal. The 

 Cash account has only one entry on each, side, as it did in 

 the ledger prepared from the cash book. 



In posting from the cash journal the items in the sundry 

 columns are posted individually while those in the other 

 columns are posted in total. Before posting the totals, they 

 are carried into the sundry columns for two reasons : 



1. In order to have all postings made from one debit 

 column and one credit column. 



