After initially recording a transaction,the data is then copied or posted to the:

Question

Quizplus · Accepted Answer

After initially recording a transaction in the journal, the data is then transferred or posted to the ledger, which is a collection of all the accounts involved in a company's financial transactions. The ledger provides details on each account's transactions, including date, amount, and account names. The journal is only a means of recording transactions, while the ledger is the central record-keeping system for a company's financial transactions. Therefore, option D is the best choice.

After Initially Recording a Transaction,the Data Is Then Copied or Posted