The Process of Transferring Journal Entry Information from the Journal

question 91

Multiple Choice

The process of transferring journal entry information from the journal to the ledger is called

• A) journalizing.
• B) posting.
• C) footing.
• D) analyzing.

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Definitions:

Saddles Imported

The act of bringing in saddles from foreign countries for sale within the domestic market.

Quantity

The amount or number of a material or immaterial good or service.

Tariff

A tax imposed by a government on imported goods, often used to protect domestic industries and adjust trade balances.

Carnations

A species of flowering plant in the Dianthus genus, often used in bouquets and floral arrangements.