sjtryhard
Mar 27, 2010, 09:30 AM
Ok your all smart. Please help me understand the basics. From journel entries to individual t accounts to the ledger.Is that right? I know I am a real beginner. Thanks so much
morgaine300
Mar 28, 2010, 02:28 AM
I don't get what the question is. The only thing I can tell you is that you don't do both t accounts and ledger accounts. Ledger accounts are the "real thing." T accounts are like a scrap paper shortcut way of doing a ledger account. So it's one or the other, not both.
If you're not understanding journal entries, then you're talking about a lot of stuff that requires more than one simple post. Do you think you could get more specific?