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
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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