The Process of Copying the Debits and Credits from the Journal

question 73

True/False

The process of copying the debits and credits from the journal to the ledger accounts is known as posting.

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Definitions:

Smartphones

Mobile phones with advanced computing capabilities and connectivity, functioning as handheld computers.

Microwave Transmission

A wireless system that uses microwaves for high‑volume, long‑distance, point‑to‑point communication.

Satellite Transmission

A wireless transmission system that uses satellites for broadcast communications.

Line of Sight

The clear, unobstructed path between a person's eye and an object, or metaphorically, a clear direction or understanding of an objective.