Posting Is the Process of Copying the Debit and Credit

question 40

True/False

Posting is the process of copying the debit and credit amounts from a journal to the general ledger accounts.

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Definitions:

Brake Drum

A type of brake design where brake shoes press outward against a rotating drum, attached to the wheel, to slow or stop the vehicle.

Permitted

Granted authorization or consent to do something within specified conditions or regulations.

Dual Circuit Foot Valve

A valve used in brake systems, offering two separate channels for brake fluid to ensure a backup in case one fails.

Relay Section

A segment of an electrical circuit designed to isolate and manage the flow of power through the use of relays.