Final answer:
Summarizing the SRA journal involves condensing individual transactions into a single entry. Posting to the general ledger involves transferring the summarized entry to the appropriate account.
Step-by-step explanation:
Summarize SRA journal and post to general ledger
Summarizing the SRA journal involves taking the individual transactions recorded in the journal and condensing them into a single entry. This entry should include the total debits and total credits for each account affected by the transactions. Once the SRA journal is summarized, the next step is to post the summarized entries to the general ledger. Posting to the general ledger involves transferring the summarized entry from the journal to the appropriate account in the ledger. This ensures that the account balances in the ledger are accurate and up to date.