Posting is the process of proving the equality of debits and credits in the trial balance.
Correct Answer:
Verified
Q27: The ledger should be arranged in
A)alphabetical order.
B)chronological
Q28: Posting
A)should be performed in account number order.
B)accumulates
Q29: Which of the following is false about
Q30: For each of the following accounts indicate
Q31: Revenues are a subdivision of retained earnings.
Q33: A T-account is
A)a way of depicting the
Q34: Which of the following statements is true?
A)Debits
Q35: In the first month of operations for
Q36: After transaction information has been recorded in
Q37: The entire group of accounts and their
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