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  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 3: Beginning the Accounting Cycle: Journalizing, Posting, and the Trial Balance
  5. Question
    The Purpose of Posting Is to
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The Purpose of Posting Is to

Question 174

Question 174

Multiple Choice

The purpose of posting is to


A) list the transactions in chronological order in the journal.
B) provide an explanation of the transaction.
C) update the account balances in the ledger.
D) correct a previous entry.

Correct Answer:

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