The First Step in Posting Involves

question 147

Multiple Choice

The first step in posting involves

• A)entering in the appropriate ledger account the date, journal page, and debit amount shown in the journal.
• B)writing in the journal the account number to which the debit amount was posted.
• C)writing in the journal the account number to which the credit amount was posted.
• D)entering in the appropriate ledger account the date, journal page, and credit amount shown in the journal.

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Definitions:

Costs Of Production

The expenses incurred in manufacturing a product or providing a service, which may include raw materials, labor, overhead, and any other costs directly tied to the production process.

Basketball

A team sport in which two teams, typically of five players each, opposing one another on a rectangular court, compete with the primary objective of shooting a basketball through the defender's hoop.

U.S. Tariff

A tax imposed by the United States government on imports or exports of goods.

Oil

A fossil fuel that is used primarily for energy production and as a raw material in the manufacturing of plastics and other chemicals.