Transferring entries from the general journal to the general ledger is called (posting/preparing/journalizing).
Question
Transferring entries from the general journal to the general ledger is called (posting/preparing/journalizing).
Solution
Transferring entries from the general journal to the general ledger is called posting.
Similar Questions
The process of transferring the journal entries to the ledger is called posting the accounts.Select one:TrueFalse
The general ledger clerk can make entries in special journals or subsidiary ledgersSelect one:TrueFalse
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
General ledger function prepares a check register of all checks issued in a day and posts a journal entry cash disbursements journal.
Transactions are recorded in either a journal or a ledger, but not in both.
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