Listed below are five terms followed by a list of phrases that describe or characterize each of the terms.Match each phrase with the number for the most correct term.
Definitions:
Journalizing
The process of recording transactions in a journal or diary in chronological order before they are posted to ledgers.
Post Reference Notation
A notation in a ledger to indicate the source of each entry, facilitating the traceability and verification of transactions.
Ledger
A book or electronic record used to record all of a company's financial transactions in accounts.
Ledger
A book or collection of financial accounts where transactions are recorded, typically categorized by type.
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