Examlex
What is pivot?
Posting
The transferring, copying, or recording of information from a journal to a ledger.
Sliding
A term often used in various contexts to describe a gradual, steady movement or shift from one position or condition to another.
Accounting Cycle
A sequence of steps undertaken in a specific order by businesses to handle their financial transactions from their inception to their inclusion in the financial statements.
Recording Journal Entries
The process of documenting all financial transactions of a business in the double-entry accounting system through debits and credits.
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