Posting to the General Ledger LEARNING OBJECTIVE: Determine the accounts and amounts for a general ledger entry.

General Journal Page 1
Date Account & Explanation P.R. Debit Credit
Mar 5 Cash 105 $500
Unearned Revenue 101 $500

How would you post this journal entry?

a.) The unearned revenue amount would be subtracted from the cash amount and then posted to the general ledger.
b.) The cash entry would be posted as a debit and the unearned revenue as a credit in the amount of $500 to the general ledger.
c.) The cash entry would be posted as a credit and the unearned revenue as a debit in the amount of $500 to the general ledger.
d.) The cash and the unearned revenue amounts of $500 would be summed and posted to the Income Summary.