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Introduction to Book Keeping and Accountancy — Book Keeping & Accountancy STD 11 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 11 Commerce / ArtsBook Keeping & AccountancyIntroduction to Book Keeping and Accountancy2 Marks
Question
Posting implies recording a transaction in a journal.
✓

Answer

This statement is False.
Posting means transferring or recording journal entries from the journal to the respective ledger accounts. Ledger is the main book of accounting.

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