The process of subtotaling both sides of an account and recording the amount on that side is known as
A) footing.
B) taking a trial balance.
C) posting.
D) balancing the accounts.
E) journalizing.
Correct Answer:
Verified
Q13: Which of the following errors, considered individually,
Q14: In the accounting process, the second step
Q15: A cash payment of $130 on account
Q16: If the number of an account is
Q17: Shower Flower Company bought equipment, paying
Q19: Apple Company purchased $6,000 in equipment,
Q20: A book of original entry is known
Q21: Juan Company purchased $15,000 in equipment on
Q22: Rich Company paid transport expenses of
Q23: Dungeon Company paid the monthly rent,
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