Question

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

Totalling of Journal or ledger is called as ______.
a) Posting
b) Folio
c) Casting
d) Journalising

Answer 1

Totalling of Journal or ledger is called as Casting.

Explanation:
Casting refers to the adding up of the column of figures. When the Journal or Ledger is totaled, it is known as casting.