The process of adding the Debit column totals, then the credit column totals of a journal and comparing the two sums for equality is an example of:
A) Reconciling.
B) Journalizing.
C) Footing.
D) Crossfooting.
E) Posting.

Question

Quizplus · Accepted Answer

Crossfooting is the process of calculating the total of the debit column and the credit column in a journal and comparing them for equality. This is done to ensure that the journal is balanced and that there are no errors in the records.

The Process of Adding the Debit Column Totals, Then the Credit