Examlex
Verify the identity shown below.
Posting
The process of recording financial transactions in the ledger from the journal in accounting.
Journalized Transactions
The formal recording of financial transactions in the accounting journals as part of the double-entry bookkeeping system.
Ledger Accounts
Records within a ledger that show the transaction history and current balance of each account.
Owner's Drawings Account
An account that tracks the amount of money a business owner withdraws from the company for personal use.
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