Asked by Aashma Bista on Apr 30, 2024

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Totaling the columns of a journal and proving the equality of the totals is called footing and cross-footing a journal.

Journal

An accounting record in which transactions are initially recorded in chronological order.

Footing

An accounting term referring to the final total that appears at the bottom of a column of numbers or the process of adding up figures in a column.

Cross-footing

A method used in accounting to check the arithmetic accuracy of accounts by comparing the sums of the totals in the opposite directions.

  • Comprehend the essentiality of precise posting and reconciliation operations within manual and electronic accounting systems.
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Christina SpellMay 01, 2024
Final Answer :
True
Explanation :
Footing and cross-footing a journal involves adding up the columns of a journal and then proving that the totals are equal.