Multiple Choice
In accounting, the process of posting involves transferring data from:
A) the source documents to the journal.
B) the source documents to the ledger.
C) the journal to the ledger.
D) the ledger to the journal.
Correct Answer:

Verified
Correct Answer:
Verified
Q23: Consider the following transactions: I. Owners invested
Q24: The process of transferring information from the
Q25: The ledger provides a good indication of
Q26: The accounting records are considered to be
Q28: Accounting transactions are initially recorded in the:<br>A)poster.<br>B)ledger.<br>C)journal.<br>D)T-
Q29: An owner makes an investment of cash
Q30: What is one of the first steps
Q31: Which of the following statements regarding accounts
Q32: All of the following accounts would be
Q132: All business transactions involve an increase in