What is checkerboard general ledger

Checkerboard general ledger: a traditional matrix general ledger, which is customarily referred to as "checkerboard occurrence comparison table" in China's accounting industry, which is referred to as "checkerboard general ledger", and is formatted as shown in the account formula 6-14. (Note: In the 1950s, during the so-called "study of advanced accounting experience in the Soviet Union", the voucher journal system was introduced as a part of the "material supply and distribution system enterprise accounting system". In the 1950s, during the so-called "learning from the advanced accounting experience of the Soviet Union and promoting the voucher journal system", the checkerboard general ledger was listed as the main format of the general ledger of the "material supply and marketing system enterprise accounting system", and the so-called "voucher journal system" was similar to the current Western accounting system. (", similar to the current Western accounting special diary book organization system ).

Checkerboard general ledger over the total, in principle, according to the cash receipts, payments, bank deposits, receipts, payments and transfers of vouchers summary vouchers, will be summarized in the amount of each section, into the corresponding accounts cross the box, other than the traditional subaccounts set up by the General Ledger over the general ledger, the total of the methods, steps, basically the same. Of course, due to the change in form, some of the methods of expression are different.

Debit total is the sum of the peer figures for each subject, and credit total is the sum of the same column of figures for each subject; and then the total of debits and credits for each subject, with the opening balance, to the unit of accounting account, according to the formula of "the same direction of addition and subtraction of the opposite direction", you can calculate the end of each subject Amount, such as the closing statement of the "adjusted trial balance" of the same method of calculation.

Specifically, as shown in the figure below