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Sunday, 12 April 2026
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The term posting in accounting refers to _____

The term posting in accounting refers to _____
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Recording entries in the journal
  • B Transferring the balances in the ledger to the trial balance
  • C Tracing amounts from the journal to the ledger to find errors
  • D Transferring entries to the ledger from the journal.
Correct Answer: Option D
Explanation:
Posting in accounting means transferring entries from the journal (book of original entry) to the ledger (book of final entry). This process organizes the financial data under appropriate account headings, allowing for easy summarization and preparation of financial statements.

For example, if a company records a purchase in the journal, the next step is to post that entry to the appropriate accounts in the ledger, such as “Purchases Account” and “Cash Account.”

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