Journalizing does NOT include:
A)debiting account(s)that are affected.
B)crediting account(s)that are affected.
C)posting the debits and credits to the accounts.
D)entering the date of the transaction.

Question

Quizplus · Accepted Answer

Journalizing involves recording a transaction in a journal or a book of original entry. This includes debiting the accounts that are affected, crediting the accounts that are affected, and entering the date of the transaction. However, posting the debits and credits to the accounts is not a part of journalizing - it is a separate step in the accounting process. Therefore, the correct answer is C.

Journalizing Does NOT Include