The process of entering transaction from one book to another is

Assessment: WAEC SSCE - Financial Accounting - 2012 (Objective) Subject: Financial Accounting

Question 1 Report

The process of entering transaction from one book to another is

Answer Details
The process of entering transaction from one book to another is known as posting. In accounting, posting refers to transferring the information from the journal to the ledger. It involves recording the transaction in the ledger accounts in a way that is organized, clear, and easy to understand. This process helps to maintain accurate and up-to-date records of all the financial transactions of a business, making it easier to track and analyze the financial position of the business. Therefore, - posting is the correct answer.

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