Question

journal entries and ledger entries

Answer 1

A journal entry, in accounting, is the logging of a transaction into accounting journal items. The journal entry can consist of several recordings, each of which is either a debit or a credit. The total of the debits must equal the total of the credits or the journal entry is said to be "unbalanced".

Answer 2

Posting journal entries to general ledgeraccounts. After recording transactions in the journal, transfer them to the generalledger. You must post every transaction from your journal into the ledger. ... Transfer the debit and credit amounts from the journal to the ledgeraccount.Ma