The Process of Transferring General Journal Information to the Ledger

question 163

Multiple Choice

The process of transferring general journal information to the ledger is:

• A) Double-entry accounting.
• B) Posting.
• C) Balancing an account.
• D) Journalizing.
• E) Not required unless debits do not equal credits.

---

Definitions:

Social Institutions

Established systems and structures within a society that dictate certain patterns of behavior and relationships, such as family, education, and religion.

Structural Functionalism

A sociological theory that views society as a complex system whose parts work together to promote solidarity and stability, focusing on social structures and their functions.

Large-scale Social Structures

The overarching frameworks and institutions that shape societies, including economies, political systems, and social norms, influencing individual and group interaction.

Institutions

Established organizations or foundational systems within a society that dictate and regulate patterns of behavior or norms, such as legal or educational systems.