Posting from the Journal to the Ledger Does NOT Involve

question 8

Multiple Choice

Posting from the journal to the ledger does NOT involve which of the following steps?

• A) Enter the date of each transaction in the accounts.
• B) Enter the amount of each transaction in the accounts.
• C) Enter the page of the journal from which each transaction is posted in the accounts.
• D) Enter the description of the entry.

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Definitions:

Office Equipment

Durable assets used in an office setting for daily operations, such as computers, printers, and furniture.

Cash Account

An account that records all transactions involving cash, including receipts and payments, reflecting the company's cash flow.