Posting a Transaction Means ________

question 89

Multiple Choice

Posting a transaction means ________.

• A) calculating the balance in an account
• B) transferring data from the journal to the ledger
• C) preparing a summary of account balances
• D) finding the account number in the chart of accounts

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Definitions:

Agricultural Production

The process and methods used in the cultivation of plants and raising of animals for food, fiber, biofuel, medicinal plants, and other products used to sustain and enhance human life.

Labor Force

The total number of people employed and unemployed, seeking employment in an economy.

Marginal Cost

The additional expense incurred from creating one more unit of a product, highlighting how production costs change with output levels.

Culinary School

An educational institution that specializes in teaching cooking and food preparation skills.