Examlex
Instructions: Identify the terms and briefly state their historical significance..
Delhi sultanate
Posting Process
The act of recording financial transactions in the appropriate accounts within the general ledger.
Debit or Credit Posting
The act of recording an entry on the left (debit) or right (credit) side of a financial account in the accounting ledger.
Trial Balance
An organized accounting sheet where the sum of all ledger balances is equally distributed between debit and credit columns.
T Account
A visual representation used in accounting to depict the debits and credits of an account, helping to simplify transaction analysis.
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