journalizing and posting?

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journalizing and posting?

can anybody differenciate journalizing and posting for me ?

2007-07-11 23:56:11 · 1 answers · asked by lovestruckbyher15 1 in Business & Finance ➔ Investing

1 answers

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.

2007-07-15 21:32:55 · answer #1 · answered by Sandy 7 · 0⤊ 0⤋