Page 53 - F3 -FA Integrated Workbook STUDENT 2018-19

Chapter 4

Recording transactions and balancing

the ledgers

Outcome

By the end of this session you should be able to:

 understand and illustrate the use of journals and the posting of journals into
ledger accounts

 understand how to balance and close a ledger account

 record sales, purchase and cash transactions in ledger accounts

and answer questions relating to these areas.

The underpinning detail for this Chapter in your Notes can be found in
Chapter 4 of your Study Text

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