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Alexis Martinez
on Nov 18, 2024

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The process of transferring the debits and credits from the journal entries to the accounts is called

A) sliding
B) transposing
C) journalizing
D) posting

Journal Entries

Records of financial transactions in the double-entry bookkeeping system, noting debits and credits for each transaction.

Posting

The process of recording financial transactions in the ledger of an accounting system.

Debits

Entries on the left side of an accounting ledger, representing increases in assets or expenses and decreases in liabilities, equity, and income.

  • Identify the process of recording and posting transactions in accounting records.
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madeline trussellNov 24, 2024
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