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The process of transferring the journal entries to the ledger is called posting the accounts.Select one:TrueFalse

Question

The process of transferring the journal entries to the ledger is called posting the accounts.Select one:TrueFalse

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Solution

True

Similar Questions

Transferring entries from the general journal to the general ledger is called (posting/preparing/journalizing).

Writing the general journal page number in the F column of the ledger and the account number to the F column of the general journal during the posting process is called cross-referencing.Select one:TrueFalse

The ledger accounts should be arranged in: Group of answer choices chronological order. alphabetical order. order of the accounting equation. order of appearance in the journal.

The general ledger clerk can make entries in special journals or subsidiary ledgersSelect one:TrueFalse

In the ledger, increases to accounts are recorded on

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