Posting Is the Procedure of Transferring Information from the

question 26

Multiple Choice

Posting is the procedure of transferring information from the

• A)journal to the ledger
• B)trial balance to the worksheet
• C)ledger to the journal
• D)worksheet to the financial statements

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Definitions:

Essential Goods

Items considered necessary for basic human survival and well-being, such as food, water, and shelter.

Nonessential Goods

Goods considered as luxuries or not necessary for basic living, often subject to reduced spending during economic downturns.

Expensive

Involving high cost or price; something that is costly.

Cheap

Describes goods or services that are available at a low cost, making them easily affordable.