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Examveda

The process of entering all transactions from the Journal to Ledger is called

A. Posting

B. Entry

C. Accounting

D. None of the above

Answer: Option A

Solution(By Examveda Team)

The process of entering all transactions from the Journal to Ledger is called Posting. Posting refers to the process of transferring entries in the journal into the accounts in the ledger. Posting to the ledger is the classifying phase of accounting.

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