i just need the definition...i can't find it...please help me
2007-07-11 00:56:26 · 0 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
Journalizing - The process of recording transactions and events into the journal.
Posting - The process of transferring journal entry effects into the respective general ledger accounts.
I know you said you only need the definitions, but if you wish to read more on these 2 topics, just click on the links below.
2007-07-11 18:01:13 · answer #1 · answered by Sandy 7 · 0⤊ 0⤋
Journalizing In Accounting
2016-10-30 05:54:42 · answer #2 · answered by ? 4 · 0⤊ 0⤋
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Journalizing - The process of recording transactions and events into the journal. Posting - The process of transferring journal entry effects into the respective general ledger accounts. If you wish to read more on these 2 topics, just click on the links below.
2016-04-08 04:35:11 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Posting - the act of entering items into a journal or ledger.
Journalizing - the act of posting items (Debits and Credits) into the general journal (ledger). Journalizing is not a term I have heard used often.
2007-07-11 01:26:08 · answer #4 · answered by hirebookkeeper 6 · 0⤊ 0⤋
hi
these are accounting terms.
journalizing -- entering journal entries in journal
journal -- every business transaction is entered ; in the form of journal entry
example -- furniture a/c ----------------dr 5000
to cash a/c 5000
the above one is the journal entry it explans that furniture has been brought for cash rs.5000
posting -- seperate book r maintained for posting called ledger accounts.
ledger accounts-- in this accounts thes journal entries r posted.
this account contains 2 sides i.e, debit& cridit.
hope u could get the idea .
bye
2007-07-11 01:10:33 · answer #5 · answered by Anonymous · 0⤊ 0⤋