The Process of Transferring the Debits and Credits from the Journal

question 54

Multiple Choice

The process of transferring the debits and credits from the journal entries to the ledger accounts is called

• A) sliding
• B) transposing
• C) journalizing
• D) posting

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Definitions:

Deceptive

Involving or characterized by trickery or dishonesty.

Reasons For Deception

involves motivations behind misleading or providing false information to others, which can include protecting oneself, avoiding conflict, or manipulating situations for personal gain.

General Categories

Broad classifications or groups used for organizing concepts, items, or ideas based on shared characteristics.

Grieving Process

The emotional and psychological journey that follows a loss, often characterized by stages such as denial, anger, bargaining, depression, and acceptance.