Final answer:
Transactions recorded in the journal are then posted to the general ledger, which is an organization's record of all financial transactions. The general ledger's structure can be illustrated using T-accounts, which show the relationship between a company's assets and liabilities including net worth. Option d is correct.
Step-by-step explanation:
After transactions are recorded in the journal, they are posted to the general ledger. The general ledger is a complete record of all financial transactions made over the lifetime of an organization. It provides the necessary information to prepare other financial reports and is key in the accounting cycle.
Additionally, learning about the T-account can help students understand the structure of the general ledger as it offers a visual representation of this dual-entry bookkeeping system, where assets are on the left and liabilities on the right, ensuring that the company's assets always equal liabilities plus net worth.