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 The process of transferring the debit and credit items from a Journal to their respective accounts in the ledger is termed as 
  • a)
    Posting 
  • b)
    Purchase 
  • c)
    Balancing of an account 
  • d)
    Arithmetically accuracy test
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
The process of transferring the debit and credit items from a Journal ...
Each journal item is transferred to the ledger in their respective account. It is termed as posting.
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Community Answer
The process of transferring the debit and credit items from a Journal ...
All transactions relating to an account should be entered at one place. ...
The word “To” is used before the accounts which appear on the debit side of an account. ...
If an account has been debited in the journal entry, the posting in the ledger should also be made on the debit side of such account.

Rules of Posting

All transactions relating to an account should be entered at one place. ...
The word “To” is used before the accounts which appear on the debit side of an account. ...
If an account has been debited in the journal entry, the posting in the ledger should also be made on the debit side of such account.

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The process of transferring the debit and credit items from a Journal to their respective accounts in the ledger is termed asa)Postingb)Purchasec)Balancing of an accountd)Arithmetically accuracy testCorrect answer is option 'A'. Can you explain this answer?
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