Posting is the process of transferring information from the
A)journal to the ledger.
B)ledger to the journal.
C)journal to the balance sheet.
D)income statement to the balance sheet.
E)ledger to the income statement and balance sheet.

Question

Quizplus · Accepted Answer

Posting involves transferring information from the journal to the corresponding account in the ledger. The balance sheet and income statement are prepared using the information from the ledger.

Posting Is the Process of Transferring Information from the