What is always true about the General Ledger? A. The process of transferring amounts from the General

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What is always true about the General Ledger?

A. The process of transferring amounts from the General Journal to the General Ledger is called posting.

B. The General Ledger is a way to represent monthly groupings of entire General Journal entries.

C. The General Ledger contains information about the individual accounts used in General Journal transactions.

D. A debit to an account in a General Journal transaction is a debit to that account in the General Ledger.

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Payroll Accounting 2017

ISBN: 978-1259572180

3rd edition

Authors: Jeanette Landin, Paulette Schirmer

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