Day: December 7, 2022

Recording vs Posting in Accounting Chron.com

December 7, 2022

When a financial transaction occurs, companies record it in an initial record. However, these transactions only constitute a single part of the accounting cycle. Posting in accounting refers to transferring journal entries to the general ledger. In some cases, it may also include getting information from the books of prime entry and entering it into […]

Read More