The first step in the posting process is to write the amount of the transaction in...

Question

Question

The first step in the posting process is to write the amount of the transaction in the ledger account.

Select one:

True

False

Answer 1

Answer #1

Answer-----------False

.

The first step of posting is typing the name and account serial number of the ledger in which account needs to be posted.

The recording of amount is basically the third step in posting process.

Answer 2

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