Instructions: Identify the Following Terms

question 62

Short Answer

Instructions: Identify the following terms.
Cao Cao and The Romance of the Three Kingdoms

---

Definitions:

Recording Process

The method of capturing and documenting financial transactions in the accounting records.

Journalizing

The process of recording business transactions in the journal or books of original entry in accounting.

Posting

The process of transferring journal entry information to the ledger, ensuring every debit and credit transaction is recorded in the correct accounts.

Transposition Error

A mistake that occurs when two digits within a number are inadvertently reversed during data entry or recording.