Question

Select the most appropriate alternatives from those given below and rewrite the sentence :

Recording of an entry from Journal to ledger is called as ________.
a) balancing
b) posting
c) totalling
d) transferring

Answer 1

Recording of entry from Journal to Ledger is called as Posting.

Explanation:
The process of transferring entries from the Journal to the ledger is known as posting. All the entries are first entered in the Journal and then they are transferred to the ledger accounts, i.e. posted to the ledger.