Q61
The process of recording transactions in different journals is called
A.
Posting
B.
Entry making
C.
Adjusting
D.
Journalising
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
The process of recording transactions in different journals is called Journalising. Journalizing is the process of recording a business transaction in the accounting records. This activity only applies to the double-entry bookkeeping system.