Register now or log in to join your professional community.
A) Journalizing B) Posting C) Balancing D) Analyzing
The Process of transfering journal entries to the ledger is called :- POSTING , once journal gets posted it can be viewed in the ledger, and after posting the entries only it will be hitting in the P & L and Balnce sheet schedules.
Thanks
Hariprasad.
0508230923
The process is called Balancing, because we use the ledger for seeing the balance of accounts.