Posting is the transferring of amounts from the journal to the appropriate accounts in the ledger.

Question

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Posting is the process of transferring information from the journal to the ledger accounts. It involves debiting or crediting the appropriate accounts with the transaction details recorded in the journal. The purpose of posting is to update the ledger with the latest information on the account balances and to provide a clear audit trail of all transactions.

Posting Is the Transferring of Amounts from the Journal to the Appropriate