The Process of Recording a Transaction in the Journal Is

question 120

Multiple Choice

The process of recording a transaction in the journal is called

• A) ledgerizing
• B) journalizing
• C) posting
• D) summarizing

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Definitions:

Intellectual

Relating to the intellect or involving the exercise of the mind, often associated with knowledge and thinking processes.

Ephemeral

Lasting for a very short time; transient.

Real Property

Land and any permanent structures attached to it, such as houses, buildings, and other fixtures, recognized as legal property.

Intellectual Property Rights

Legal rights granted to creators and inventors to protect their creations and inventions from unauthorized use by others.