When bookkeepers put journal entries into categories in a ledger, they are in which step of the accounting process?
A) classification
B) reporting
C) summarization
D) recording
E) collection

Question

Quizplus · Accepted Answer

Classification is the step in the accounting process where bookkeepers organize journal entries into categories within a ledger, making it easier to manage and interpret financial data.

When Bookkeepers Put Journal Entries into Categories in a Ledger