The process of transferring amounts from the book of original entry into the ledger is referred to as:

Question

Quizplus · Accepted Answer

The process of transferring amounts from the book of original entry (such as a journal) into the ledger is known as posting. It involves taking the transaction information and recording it in the appropriate account in the ledger. Journalizing refers to the process of recording transactions in the book of original entry, while analyzing and classifying involve identifying and categorizing transaction data.

The Process of Transferring Amounts from the Book of Original