Multiple Choice
Posting is the process of transferring information from the
A) journal to the ledger.
B) ledger to the journal.
C) journal to the balance sheet.
D) income statement to the balance sheet.
E) ledger to the income statement and balance sheet.
Correct Answer:
Verified
Correct Answer:
Verified
Q8: T-accounts can only be used for income
Q9: If an accountant erroneously records an $8,000
Q10: The trial balance should be prepared<br>A)after preparing
Q11: Picture Perfect Videos acquired $18,000 of
Q12: Northstar Enterprises had the following balances
Q14: Bethany Industries purchased $3,000 of merchandise inventory,paying
Q15: Which of the following accounts are expected
Q16: The accumulated depreciation is sometimes referred to
Q17: If the entry to journalize expired supplies
Q18: If the debit side of a journal