Lesson 4-2 Learning Objectives Quiz

What is the process of transferring information from a journal entry to a ledger account called?

• Balancing

• Posting

• Auditing

• Summarizing

What is the first step when posting an amount from the debit column of a general journal?

• Write the date.

• Write the debit amount.

• Write the journal page number.

• Write the new account balance.

After writing the date, what should you do next when posting from the debit column of a general journal?

• Write the journal page number.

• Write the new account balance.

• Write the debit amount.

• Return to the journal and write the account number.

Which step involves writing the debit amount when posting from the debit column of a general journal?

• Step 1

• Step 2

• Step 3

• Step 5

What should you do after writing the debit amount in the account?

• Write the new account balance.

• Write the date.

• Write the journal page number.

• Return to the journal and write the account number.

What is the final step when posting an amount from the debit column of a general journal?

• Return to the journal and write the account number.

• Write the new account balance.

• Write the date.

• Write the debit amount.

Which of the following is NOT a step in posting a debit amount to an account with a balance?

• Write the date.

• Write the journal page number.

• Write the credit amount.

• Write the new account balance.

What is the first step when posting a debit amount to an account with a credit balance?

• Write the new account balance.

• Write the journal page number.

• Write the date.

• Write the debit amount.

After writing the date, what should you do next when posting a debit amount?

• Write the debit amount.

• Write the journal page number.

• Write the new account balance.

• Write the account number.

Which step involves writing the new account balance?

• Step 1

• Step 2

• Step 3

• Step 4