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Emily Rodriguez
on Nov 12, 2024

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A notation in the Post. Ref. column of the general journal indicates that the amount has been posted to the ledger.

Post. Ref. Column

Short for Posting Reference Column, it's used in journal entries to indicate where data is transferred in the ledger.

General Journal

A primary accounting record where financial transactions are initially recorded in chronological order.

Ledger

A comprehensive collection of a company's accounts, including assets, liabilities, equity, revenue, and expenses, used for tracking financial transactions.

  • Understand the procedure for recording and transferring transactions into the ledger.
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Malainna WhiteNov 19, 2024
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