Ask Question
BusinessBusiness
1 May, 15:36

The process of posting is the transfer of debits and credits from the a. ledger to the journal. b. journal to the ledger. c. T accounts to the journal. d. T accounts to the ledger.

+2
Answers (1)
  1. 1 May, 17:41
    0
    The correct answer is letter "B": journal to the ledger.

    Explanation:

    The activity in which accountants transfer information from the journals to the general ledger is called posting. By posting, only the balances are transferred to the general ledger, not individual transactions. There are no set intervals in which postings should be made. It depends on how often the activities of the company requests it.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The process of posting is the transfer of debits and credits from the a. ledger to the journal. b. journal to the ledger. c. T accounts to ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What is a disadvantage of government bonds? a) they have a high intrest rate b) They are difficult to find c) They are relatively risk-free d) all of the above
Answers (1)
Zitrik Corporation manufactured 130,000 buckets during February. The variable overhead cost-allocation base is $5.30 per machine-hour.
Answers (1)
Tannen Industries is considering an expansion. The necessary equipment would be purchased for $18 million, and the expansion would require an additional $2 million investment in net operating working capital. The tax rate is 40%. a.
Answers (1)
A payroll company in the nation of Antono is seeking to expand beyond its borders while limiting administrative and political distance in the new country. Which potential site is the best one for this type of expansion?
Answers (1)
Concerning environmental enrichment, which of the following research results was reported? A) Beneficial influences were limited to very early childhood. B) Improved scores of crystallized and fluid intelligence have been reported.
Answers (1)
New Questions in Business
Fun, Incorporated, a major gaming software company, is experiencing conflict between theyoung Internet-savvy employees who design the games and the older, less computer-literate executives who run the company.
Answers (1)
Which of the following is not a valid FICO credit score? A. 575 B. 775 C. 875 D. 675
Answers (2)
Which of the following is an example of the operations concerns of a business plan? A. Working out a pricing scheme B. Contacting potential investors C. Deciding who will do what and when D. Thinking out your mission statement
Answers (1)
El Capitan Foods has a capital structure of 37% debt and 63% equity, its tax rate is 35%, and its beta (leveraged) is 1.45. Based on the Hamada equation, what would the firm's beta be if it used no debt, i. e., what is its unlevered beta, bU?1.050.
Answers (1)
The total product curve: a. will become flatter as output increases if there are diminishing returns to the variable input. b. will be downward-sloping if there are diminishing returns to the variable input. c.
Answers (1)
Home » Business » The process of posting is the transfer of debits and credits from the a. ledger to the journal. b. journal to the ledger. c. T accounts to the journal. d. T accounts to the ledger.
Sign Up Forgot Password?