2. Post to the cash short and over account (use Account No. 516). General Ledger Instructions How does grading work? GENERAL LEDGER Score: 41/49 DATE ITEM POST. REF. DEBIT CREDIT BALANCE DEBIT CREDIT Aug. 1 over 2 2.50 2.50 Aug. 8 short 3 3.50 1.00 Aug. 22 over 4 2.50 1.50 Aug. 29 short 5 4.20 2.70 Points: 13.39 / 16 Check My Work Enter the date and the debit or credit. Calculate the new balance and enter the balance in the appropriate column. Enter the post reference in the ledger. Do not enter the post reference in the journal because the journal is not set up with the POST. REF. available since posting to only

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