The process of transferring the debits and credits from the journal entries to the accounts is called
A) sliding
B) transposing
C) journalizing
D) posting

Question

Quizplus · Accepted Answer

Posting is the process of transferring the debits and credits from the journal entries to the respective accounts in the ledger. It helps in organizing the accounting information and preparing accurate financial statements.

The Process of Transferring the Debits and Credits from the Journal