Examlex
A new clerical employee questions the computer software used by the organization and suggests an alternative. The employee is having which of the following socialization responses?
Posting Process
The procedure of transferring journal entry amounts to their respective accounts in the ledger.
Debit Posted
An accounting entry that increases an asset or expense account, or decreases a liability or equity account, reflected on the left side of an account.
Credit Posted
The process of recording a credit transaction in the accounting records, indicating an increase in liabilities or a decrease in assets.
General Ledger
The primary accounting record of a company that uses double-entry bookkeeping, summarizing all transactions.
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