Posting Involves

question 9

Multiple Choice

Posting involves

• A) transferring information from the income statement to the statement of owner's equity.
• B) transferring information from ledger to the journal.
• C) transferring information from the ledger to the balance sheet.
• D) transferring information from the journal to the ledger.

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Definitions:

Services Provided

Tasks or activities done for others, typically in exchange for payment.

Dance Instruction

The act of teaching the art of dance, encompassing a wide range of styles and techniques taught by skilled instructors.

General Journal

A bookkeeping ledger that records every business transaction in chronological order.

Cash Payment

The transfer of money, either physically or electronically, to settle a debt or complete a purchase.