The process of posting is the transfer of debits and credits from the a. ledger to the journal. b. journal to the ledger. c. T accounts to the journal. d. T accounts to the ledger.

Question

Business

Kim

12 January, 16:15

The process of posting is the transfer of debits and credits from the a. ledger to the journal. b. journal to the ledger. c. T accounts to the journal. d. T accounts to the ledger.

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Answers (1)

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Charisma · Answer 1

The correct answer is letter "B": journal to the ledger.

Explanation:

The activity in which accountants transfer information from the journals to the general ledger is called posting. By posting, only the balances are transferred to the general ledger, not individual transactions. There are no set intervals in which postings should be made. It depends on how often the activities of the company requests it.