The process of adding the Debit column totals,then the credit column totals of a journal and comparing the two sums for equality is an example of:
A)Crossfooting.
B)Footing.
C)Journalizing.
D)Posting.
E)Reconciling.

Question

Quizplus · Accepted Answer

The process described is known as crossfooting, which involves adding the debit column totals and credit column totals separately and comparing them to ensure they are equal. This helps to detect any errors made during journalizing or posting transactions.

The Process of Adding the Debit Column Totals,then the Credit