Question: 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.

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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