Question: 9. What does posting accomplish? Why is it important? Does it come before or after journalizing?

9. What does posting accomplish? Why is it important?

Does it come before or after journalizing?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Intermediate Accounting Volume 1 Questions!

Q:

What does posting accomplish? Why is it important? Does it come before or after journalizing?

Q:

The Books of Accounting EXAMINATION NUMBER: 98610000 1. Which of the following statements best describes journalizing transactions? A. Journalizing occurs after posting to the ledger. B. Journalizing...

Q:

CERTIFICATE IV IN FINANCE AND MORTGAGE BROKING - FN540820 Page 1 UNIT 9 MANAGE PERSONAL AND PROFESSIONAL DEVELOPMENT Unit Code: BSBPEF501 This unit describes the skills and knowledge required to...

Q:

Hi, I've talked to you earlier that you know the answers for the Enron case. Is it possible to get this done by afternoon of Wednesday at best. If not I'm also willing to take this on a Friday....

Q:

I'm willing to take this before the 19th of may. PROFESSIONAL ISSUES When a company looks too good to be true, it usually is. ; i - I The Rise and Fall of Enron BY C. WILLIAM THOMAS f you''re like...

Q:

I had a question about Step 5-9. I already completed the general journal with the entries into the general ledger. Now I need help creating the adjusted trial balance, I cant get it to equal to...

Q:

Referring to the "Leader in Action" case from DuBrin'sLeadershipbook (pp. 214-215, discuss how Lyndon Rive uses positive influence in his leadership role at SolarCity. Use the article presented by...

Q:

I need the answers to section IV on Walmart and Target ACCT 6305/SYSM 6337 Pre-Skilling Fall 2016 Table of contents Table of contents I. Basics of Financial Accounting...

Q:

Read the passage and answer the questions on following pages. MERCY FOR MARGARET?* Receptionist Margaret Simpson was one of the first employees hired at T Rex Manufacturing when the company opened 20...

Q:

As you can see the check_sum function, receives an array of integers as its input and returns an integer value. The return value is the index for the smaller value in the pair. If such a pair does...

Q:

A 27 gallon steel container is completely filled with carbon tetrachloride. Its temper- ature is 7C. The average volume coeffi- cient of expansion for carbon tetrachloride is 0.000581(C)-. How much...

Q:

Use the k NN algorithm to classify the new data in the Excel file Credit Approval Decisions Coded using only credit score and years of credit history as input variables.

Q:

It requires that a form be completed designating it as this type of account and makes the institution its trustee?

Q:

a. Repeat the activity using a population proportion 0.60: Take at least five samples of size 10 each, and observe how the sample proportions of the one outcome vary around 0.60, and then do the same...