A transaction is initially recorded in the____journal, and then subsequently posted to the general____.
a. general ; ledger.
b. trial ; balance.
c. general ; journal.

Respuesta :

Lanuel

Answer:

a. general ; ledger.

Explanation:

A transaction is initially recorded in the general journal, and then subsequently posted to the general ledger. In Financial accounting, this process of transferring information about a transaction from the general journal to the general ledger is known as posting.

Additionally, the main purpose of a general ledger is to list all accounts used in recording an organization's transactions and as such it contains a list of transactions affecting each account and the account's balance.

On the other hand, the purpose of a general journal is to record a chronological listing of every transaction for an organization at a given time.