AS we know,after us made newspaper entries ,the following step is to post the journal enrries right into th Ledger.
You are watching: The process of transferring data from the journal to the ledger is known as
- POSTING come THE LEDGER IS CLASSIFING step OF accounting.
-We go to the Ledgerand write-up the quantities debited and also credited come the suitable side.
-Debits go to the left side and credits to the appropriate .
- A basic Ledger includes accounts the are wide in nature succh together Cash,Acconts Receivable,Supplies.
its called Posting.
Entries what we have actually written in newspaper is acquiring Posted/Closed in to issue ledger.
1. Newspaper entry is legit ?
2. Duly approved
3. If system generated, is by the relevant resource (Dept)
4. Components of the entry clean and resource is authenticated
5. Transfer to Ledger same day
The procedure of carrying entries from the newspaper to the ledger is typically known as posting.After journal entries are made,the next step in the bookkeeping cycle is to post the journal entries into the ledger. Posting advert to the procedure of transferring entries in the journal into the accounts in the ledger. Posting come the ledger is the classifying step of accounting.
snucongo.org.com is the leading job site in the middle East and also North Africa, connecting task seekers v employers looking to hire. Every day, thousands of new job vacancies are provided on the award-winning communication from the region"s peak employers.
See more: How To Make A Bow String With Fishing Line As String Material
© 2000-2021 snucongo.org.com, Inc. All civil liberties Reserved.Terms of usage - Privacy declare - Cookie plan - Security post