[Anonymous]

The transfer of entries of the journal posting accounting accounts is known as journal posting. Once the transactions are recorded in the journal, then each debit and credit is recorded against the corresponding accounts in the ledger. This assists in sorting financial information with regard to the type of account in order to be able to follow balances. Posting is used to ensure that all the transactions are well recorded within the financial system. It is a very important precedent step, preceding preparation of trial balances and financial statements. Accounting records would be left undone and incomplete and hard to analyze with no proper posting.

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