Multiple Choice
Posting a transaction means ________.
A) calculating the balance in an account
B) transferring data from the journal to the ledger
C) preparing a summary of account balances
D) finding the account number in the chart of accounts
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q84: Companies use a ledger to show all
Q85: Which one of the following account groups
Q86: Prepaid Rent is a liability account.
Q87: Calculate the debt ratio using the
Q88: Which of the following statements is TRUE
Q90: Which of the following statements is TRUE
Q91: Debit is abbreviated as DE and Credit
Q92: After initially recording a transaction,the data is
Q93: Which of the following is a liability
Q94: A customer's promise to pay in the