POSTING

AND
TRIAL BALANCE
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LEARNING OBJECTIVES

1.Post transactions in
the ledger.
2.Prepare the
unadjusted trial
balance.
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POSTING
is the process of
transferring data from
the journal to the
appropriate accounts in
the ledger.
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EXAMPLE OF POSTING
Transaction: Jan. 8 - Services worth ₱30,000
were rendered for cash.
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Creating a connection with the students help them feel more comfortable
with you. Let them know what activity they'll be doing with you.
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TRIAL BALANCE
is a list of general ledger
accounts and their
balances. It is prepared to
check the equality of
total debits and total
credits in the ledger.
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TRIAL BALANCE
 TYPES OF TRIAL BALANCE
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UNADJUSTED ADJUSTED
TRIAL BALANCE TRIAL BALANCE
this is prepared before this is prepared after adjusting
adjusting entries are made. entries but before the financial
statements are prepared.

POST-CLOSING
TRIAL BALANCE
this is prepared after the
closing process.
 ERRORS REVEALED BY
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TRIAL BALANCE

1. Journalizing or posting one-half of an entry,

i.e., a debit without a credit, or vice versa.
2. Recording one part of an entry for a different
amount than the other part.
3. Errors of Transplacement (Slide error) on one
side of an entry.
4. Error of Transposition on one side of an
entry.
 ERRORS NOT REVEALED
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BY TRIAL BALANCE

1. Omitting entirely the entry for a

transaction
2. Journalizing or posting an entry twice
3. Using wrong account with the same
normal balance as the correct account
4. Wrong computation with the same
erroneous amounts posted to debit and
credit sides
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