• 2022-06-11
    The process of recording transactions in the journal is called( )
    A: Analysing
    B: Journalizing
    C: Posting
    D: the trial balance
  • B

    内容

    • 0

      When a company uses special journals, the general journal is used for selected transactions and events including: A: Recording adjusting transactions. B: Posting transactions to special journals. C: Accumulating debits and credits. D: Collecting detailed listings of amounts. E: Recording cash receipts.

    • 1

      Accounting cycle usually can be divided into the following steps:(1) from source documents.(2)Applying double-entry system to .(3) the entries in the journals into the general(and the subsidiary) ledger accounts.(4) the general ledger accounts.(5) ,journalizing and posting them into ledger accounts.(6)Preparing a .(7)Preparing . A: Analyzing transactions B: record transactions in journals C: Posting D: Adjusting E: Making closing entries F: trial balance G: financial statements

    • 2

      Which TWO of the following are reasons for producing a trial balance? A: To check if certain errors have been made when recording transactions B: To provide a convenient basis for drafting the financial statements C: To ensure that all transactions have been recorded D: To check that all transactions have been accurately recorded

    • 3

      The second step in the analyzing and recording process is to record the transactions and events in the______________.

    • 4

      Journal entries are transferred to the ledger. This process is called posting.