Posting:transfers ledger transaction datato the journal.a.normally occurs beforeO b.journalizing.transfers journal entries to ledgeraccounts.is an optional step in therecording process.d.

Journal entry: It can be defined as the recording of financial events and transactions that have…

Posting: transfers ledger transaction data to the journal. а. normally occurs before journalizing. Ob. transfers journal entries to ledger Oc. accounts. is an optional step in the ) d. recording process.

Posting: transfers ledger transaction data to the journal. а. normally occurs before journalizing. Ob. transfers journal entries to ledger Oc. accounts. is an optional step in the ) d. recording process.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Posting:
transfers ledger transaction data
to the journal.
a.
normally occurs before
O b.
journalizing.
transfers journal entries to ledger
accounts.
is an optional step in the
recording process.
d.

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