what is posting in ledger
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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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The process of transferring the entries from journal to respective ledger accounts is called ledger posting. Balancing of ledgers is carried to find out differences at the end of the year. Ledger posting is entering information in the ledger, in respective accounts from the journal for individual records.
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