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The Ledger
Where are the opening balances located when
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- Transferring information from the journal to the ledger is called a. preparing the financial statements. b. journalizing. c. posting. d. tracking.How do I journalize this in the genral journal, what accounts would I use?why are posting references entered in the journal when entries are posted to the ledger accounts
- What is the process of transferring the debits and credits from the journal entries to the accounts in the ledger called? Group of answer choices journalizing ledgering posting chartingJournal entries and T accounts?Also a part of the questions say Post the journal entries to their respective ledger accounts. Can you show me an example of how that is done?
