Examlex
Lean systems do not need stable master production schedules.
Posting Process
The procedure of transferring entries from a company's journal into the appropriate accounts in its ledger, which helps in summarizing financial activities.
Trial Balance
A financial record-keeping sheet that consolidates the balances of various ledgers into uniform debit and credit column totals.
Journalizing
The process of recording transactions in a journal or ledger in the field of accounting.
Posting Process
In accounting, this is the step where transactions are transferred from the journal to the respective accounts in the ledger, updating the account balances.
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