QuestionDecember 14, 2025

Entering transactions in a journal is called posting. 1) True 2) False

Entering transactions in a journal is called posting. 1) True 2) False
Entering transactions in a journal is called posting.
1) True
2) False

Solution
4.2(184 votes)

Answer

False Explanation 1. Identify the accounting term "Posting" refers to transferring journal entries to the ledger, not entering transactions in the journal. 2. Match definition to given statement Entering transactions in a journal is called "journalizing," so the statement is incorrect.

Explanation

1. Identify the accounting term <br /> "Posting" refers to transferring journal entries to the ledger, not entering transactions in the journal. <br />2. Match definition to given statement <br /> Entering transactions in a journal is called "journalizing," so the statement is incorrect.
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