After transaction information has been recorded in the journal, it is transferred to the
A)trial balance.
B)income statement.
C)general journal.
D)ledger.

Name: After transaction information has been recorded in the journal, it is transferred to the A)trial balance. B)income statement. C)general journal. D)ledger.
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Question

Quizplus · Accepted Answer

The ledger is where transactions are posted after being recorded in the journal, allowing for the organization and summarization of financial data.

After Transaction Information Has Been Recorded in the Journal, It