Asked by Quang Quách on Apr 24, 2024
Verified
________ is the process of transferring journal entry information from the journal to the ledger.
Journal Entry
A record in accounting that represents a transaction and its effect on various accounts, ensuring the debits and credits balance.
Ledger
A book or collection of accounts in which account transactions are recorded and categorized to show changes in financial positions.
- Grasp the significance and steps of the posting process from the journal to the ledger.
Verified Answer
MU
Learning Objectives
- Grasp the significance and steps of the posting process from the journal to the ledger.
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