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The process of transferring the debits and credits from the journal entries to the accounts is called posting.
The process of transferring the debits and credits from the journal entries to the accounts is called posting.
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It is the process of transferring the debits and credits from the journal entries to the accounts is called posting
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Posting refers to the process of moving debits and to credits from journal entries to accounts.
All transactions from all Journals (transaction registers) are moved to the Chart of Accounts during the "Post Transactions Process" (General Ledger). Moving one or more transactions from a module into a Journal is also referred to as "posting." Using the payroll journal button, you can batch post payroll transactions.(journal)
Posting is an important component of accounting since it allows a user to preserve an up-to-date record of all ledger balances while also allowing them to track how those balances have changed over time.(journal)
It contains either one debit account and two or more credit accounts, or two debit accounts and one credit account. or two or more debit accounts and two or more credit accounts?
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