What Is A Ledger? What Do You Mean By Ledger Posting?
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The financial accounting term posting to the ledger refers to the process of analyzing the credits and debits appearing in journal entries, and recording those transaction amounts in the proper accounts found in the company's general ledger.
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A ledger is a book or collection of accounts in which account transactions are recorded. Each account has an opening or carry-forward balance, would record transactions as either a debit or credit in separate columns and the ending or closing balance.
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