In accounting, the process of posting involves transferring data from the:
A)ledger to the journal.
B)journal to the ledger.
C)source documents to the ledger.
D)source documents to the journal.

Question

Quizplus · Accepted Answer

The process of posting involves transferring data from the journal to the ledger. The journal is where all business transactions are initially recorded, and the ledger is where all accounts and balances are kept. By posting from the journal to the ledger, the information is organized and accurate financial statements can be prepared.

In Accounting, the Process of Posting Involves Transferring Data from The