Posting
A) should be performed in account number order.
B) accumulates the effects of journalized transactions in the individual accounts.
C) involves transferring all debits and credits on a journal page to the trial balance.
D) is accomplished by examining ledger accounts and seeing which ones need updating.

Question

Quizplus · Accepted Answer

Posting involves transferring the effects of journalized transactions to the individual accounts in the ledger. It accumulates the debits and credits in each account and updates their balances. The accounts are usually posted in account number order to help ensure accuracy, but this is not always necessary or required. Once all the accounts have been posted, their balances can be used to prepare the trial balance.