Posting is the process of: a. Analyzing the impact of the transaction on the accounting equation. b. Obtaining information about external transactions from source documents. c. Transferring the debit and credit information from the journal to individual accounts in the general ledger. d. Listing all accounts and their balances at a particular date.

c. Transferring the debit and credit information from the journal to individual accounts in the general ledger.

Explanation:

This process of posting involves taking entries from the journal and posting to general ledger accounts. Double entry is used in posting.

For example of the business paid cash for stationery, two accounts in the general ledger are involved. The cash account and the stationery account.

Both accounts are asset accounts (when they increase you debit, and when they reduce you credit).

So a credit is posted to cash account for cash paid out. A debit is posted to stationery account for stationery received.