Posting is performed by transferring information from the
A)source documents to the journal.
B)source documents to the ledger.
C)journal to the ledger.
D)ledger to the journal.

Question

Quizplus · Accepted Answer

Posting involves transferring information from the journal to the ledger. The journal records transactions in chronological order, while the ledger presents the same information by account, showing all transactions affecting each account in one place. Therefore, posting is the process of taking the amounts recorded in each journal entry and transferring them to the appropriate account in the ledger.

Posting Is Performed by Transferring Information from the