The process of copying journal information to the ledger is called:
A) Double-entering.
B) Posting.
C) An internal business transaction.
D) Journalizing.
E) An external business transaction.

Question

Quizplus · Accepted Answer

Posting involves transferring information from the journal to the appropriate accounts in the ledger. This process helps ensure that all transactions are accurately recorded and that account balances are up to date. A is incorrect because double-entering is not a commonly used accounting term. C and E are incorrect because they do not relate to the specific process of copying journal information to the ledger. D is incorrect because journalizing refers to the process of recording transactions in the journal, not transferring them to the ledger.

The Process of Copying Journal Information to the Ledger Is