Transferring entries from journal to ledger account is known as ______
D. Entry making
Right Answer is: C
• Posting: It refers to the process of transferring entries in the journal into the accounts in the ledger. It is the next step in the accounting cycle after journal entries are made is to post the journal entries into the ledger.
• Accounting ledger: It refers to a book that consists of all accounts used by the company, the debits and credits under each account, and the resulting balances.