It is an acceptable business practice to post the accounts payable ledger daily and the general ledger monthly.

Name: It is an acceptable business practice to post the accounts payable ledger daily and the general ledger monthly.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Posting the accounts payable ledger daily ensures timely tracking of liabilities, while posting the general ledger monthly is sufficient for overall financial reporting and analysis.

It Is an Acceptable Business Practice to Post the Accounts