Posting is performed by transferring information from the
A) journal to the trial balance.
B) source documents to the ledger.
C) journal to the ledger.
D) chart of accounts to the journal.

Question

Quizplus · Accepted Answer

Posting involves transferring information from the journal (where transactions are first recorded) to the ledger (where accounts are maintained). The source documents provide the information for the journal, but are not directly involved in the posting process. The chart of accounts is a list of all accounts used by a company, and is not directly involved in the posting process either.

Posting Is Performed by Transferring Information from the