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Posting a transaction means​ ________. a. preparing a summary of account balances b. calculating the balance in an account c. transferring data from the journal to the ledger d. finding the account number in the chart of accounts

Eric Morgan

in Business

1 answer

1 answer

Cynthia Baker on May 21, 2018

When the individual accounting transactions are recorded, entered in the journal is the journal entries. Then, when it is time to collectively reconcile and account for the journal entries, his statements are transferred through the general ledger as a line item entries. As such, the correct answer is: "c. the transfer of data from the journal to the ledger."

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