Question

Name the process of transferring entries from a journal to their respective accounts in the ledger.

Answer 1

Answer:

For example

purchase a/c Dr.

to Ravi a/c

(being goods purchase)

For the above transaction the Ravi a/c have to appear on the Dr. side of purchase a/c and purchase a/c on the Cr. side of Ravi a/c.

hope this will help you