English

Explain the meaning of posting of journal entries? - Accountancy

Advertisements
Advertisements

Question

Explain the meaning of posting of journal entries?

Answer in Brief

Solution

Posting is the process of transferring the business transactions from Journal to ledgers.

Every transaction is first recorded in the Journal and subsequently transferred to their respective accounts.

shaalaa.com
Recording of Transactions 2
  Is there an error in this question or solution?
Chapter 4: Recording of Transactions - II - Questions for practice [Page 152]

APPEARS IN

NCERT Accountancy - Financial Accounting 1 [English] Class 11
Chapter 4 Recording of Transactions - II
Questions for practice | Q 5 | Page 152
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×