George works in the accounting department at the Green Goddess Lawn Services, where it is his job to record all transactions into journals. After completing this task, the next step in the accounting process is to:

In accounting, the general ledger is a document where all the transactions of corporations are recorded in chronological order. Each account must have a different book, which must be affected each time the accounts are involved in this process. These records make it possible to know the movements in a more detailed way, since unlike the journal in this case, only a single group of accounts is known and not the whole.

Parrain Parrain · Answer 2 · 2021-11-19T14:58:30+01:00

After George has finished recording the transactions into journals, he should post the information to the ledger.

In accounting:

Transactions are recorded in journals
They are then taken from the journals and posted in their relevant ledgers

Transactions related to purchases are posted to the purchases ledger, those related to sales go to the sales ledger and the rest go to the general ledger.

In conclusion, after recording transactions in journals, they should be posted to the ledger.

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