Posting transactions to the T-accounts involve:
A) Analyzing source documents to determine the effects of transactions on the company's accounts.
B) Listing all accounts and their balances at a particular date to ensure that debits equal credits.
C) Preparing a chronological record of all transactions affecting the company.
D) Transferring debit and credit information from the journal to the accounts in the general ledger.
Correct Answer:
Verified
Q5: After recording each transaction,total assets must equal
Q9: A list of all account names used
Q79: Jerome purchased a building for his business
Q80: The owner of an office building should
Q81: Lithuanian Motors has the following balance
Q82: Bostel wanted to expand the size of
Q87: On July 5, Harris Company purchased
Q131: On March 3,Cobra Inc.purchased a desk for
Q133: Posting is the process of:
A)Analyzing the impact
Q136: A trial balance represents the:
A)Source documents used
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents