0
The procedure of transferring journal entries to the ledger accounts is called?
Wiki User
∙ 7y ago
The whole process of transferring entries from journal to ledger is called posting process.
Maeve Christiansen
Wiki User
∙ 13y agoPostings
Anonymous
The journal and the ledger contain the same information. But it's just arranged differently. So one organizes things by date and the other does it by account. First, you enter transactions into the journal. And then you 𝐩𝐨𝐬𝐭 that information to the ledger.
Add your answer:
Earn +20 pts
The process of posting is associated most closely with the?
transferring journal entries to ledger accounts
Branch accounts journal entries?
good to sent
What is columnar journal?
A Columnar Journal is an alternative journal form that is designed with special columns for entries to accounts which are used often and an 'Other Accounts' column for entries to accounts for which a special column has not been provided. Columnar Journals can also be called 'Synoptic Journals' and/or 'Combination Journals'.
The process of transferring the debits and credits from the journal to the ledger accounts is called?
posting
What is the journal entries for collected 425 from customer on accounts?
Debit cash / bank 425Credit accounts receivable 425
The process of transferring the journal entries to the accounts is known as?
Posting
The process of posting is associated most closely with the?
transferring journal entries to ledger accounts
The purpose of transferring the journal entries to the account is known as?
Posting the entries to create a Trial Balance.
Branch accounts journal entries?
good to sent
What are the journal entries that bring the accounts up to date at the end of the accounting period called?
closing entries
What are journal entries that bring the accounts up to date at the end of the accounting period called?
closing entries
What is columnar journal?
A Columnar Journal is an alternative journal form that is designed with special columns for entries to accounts which are used often and an 'Other Accounts' column for entries to accounts for which a special column has not been provided. Columnar Journals can also be called 'Synoptic Journals' and/or 'Combination Journals'.
The process of transferring the debits and credits from the journal to the ledger accounts is called?
posting
What is the journal entries for collected 425 from customer on accounts?
Debit cash / bank 425Credit accounts receivable 425
Is it necessary to post all journal entries?
Yes it is necessary to post all journal entries otherwise no proper books of accounts will be maintained and no accurate financial information will be available.
What are journal entries that are made to update accounts at the end of a period called?
Retained earnings
What is the journal entries company sales product?
debit accounts receivablecredit sales revenue
