The process of transferring the transactions relating to changes in a particular item at one place in the form of an account is called _________.

Journalising

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Balancing

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Posting

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Casting

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Solution

The correct option is C Posting
The process of transferring the transactions relating to changes in a particular item at one place in the form of an account is called posting.

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The process of transferring the debit & credit items from a journal to their respective accounts in ledger is called?

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