Explain the posting process and importance of journal page

Assignment Help Financial Accounting
Reference no: EM132485458

Question 1: The process of transferring the information in the journal to the general ledger is called posting. Explain the posting process, including the importance of the journal page number and the account numbers.

Reference no: EM132485458

Questions Cloud

Typical executive view of project management : Describe how the typical executive view of project management has changed (old view vs. new view) and the impact of that change on the profession of project
Make the adjusting entry at december : Make the adjusting entry at December 31, 2019. The following unadjusted accounts are taken from the records of Brown Corp. at December 31, 2019
What is the effective annual rate of return : You just paid $50,000 for a perpetuity that will pay you $2,400 1 year from today. What is the effective annual rate of return that you will earn
Project management principles : What would you advise and how would you sequence your recommendations (what would you do first, second, third, etc)?
Explain the posting process and importance of journal page : Explain the posting process, including the importance of the journal page number and the account numbers. The process of transferring
Activity list in a schedule management plan : How do you determine what goes into an activity list in a schedule management plan?
Calculate and reasoning for filling out each line : Please provide calculations and reasoning for filling out each line on a 1065 Form. including the completed Schedule M-1 and M-2
What are the aims of health and safety legislation : When do you need to consider health and safety when managing a project? What are the aims of health and safety legislation?
What was bala industries cash flow from financing : Using the information what was Bala Industries' Cash Flow from Financing for the year ending 6/30/2011? Round to the nearest cent.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd