Posting is:
A)copying the information from the journal to the trial balance.
B)entering the data into the journal.
C)copying the information from the journal to the ledger.
D)copying the information from the ledger to the financial statements.

Question

Quizplus · Accepted Answer

Posting involves copying information from the journal to the ledger, where each account is updated with the corresponding transaction. This step is necessary to ensure the accuracy of the financial records and to prepare the accounts for the next step, which is creating the trial balance. Therefore, choice C is the correct answer. The other options are not accurate definitions of posting.

Posting Is