‘Posting’ means …?
Select ONE answer:
- making the first record of transactions.
- recording transactions in a book of original entry.
- transferring the total(s) of a book of original entry to the nominal (general) ledger.
- None of the above.
Show your workings to arrive at your answer, and explain and justify your reasons:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple choice question is suitable for Accounting KS5 classes.
The answer is 3
- The first record of a transaction is made in a book of original entry.
- ‘Posting’ means transferring data which has already been recorded somewhere in the accounting records to the nominal (general) ledger.
- Correct
- Not correct
This work is licensed under a Creative Commons Attribution 4.0 International License.