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Posting is performed by transferring information from the journal to the_____. A. ledger B. trial balance C. balance sheet. D. income statement

2 Answers

3 votes

Answer:

Posting is performed by transferring information from the journal to the ledger.

Step-by-step explanation:

A ledger is a group of accounts maintained by a company. The ledgers keep track of all the changes in the balances and also provides the balance in each one of them, then posting is when the journal entries are transferred to the ledger accounts, an action that accumulates the journalized transaction in the individual accounts.

User Keyur
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I think the correct answer from the choices listed above is option A. Posting is performed by transferring information from the journal to the ledger. Posting is a classifying phase in  accounting. Hope this answers the question.
User Trevor Rudolph
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