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Posting Reference
An alphanumeric code or number used to identify the original journal entry in the ledger, facilitating the tracking of transactions and their origins in accounting records.
Posting Process
The procedure of transferring journal entry details into the ledger to update account balances.
Journal
An accounting record where all transactions are initially recorded in chronological order before being posted to ledger accounts.
Ledger
A comprehensive collection of a company's financial accounts, recording all transactions and financial activities over time.
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