Model Paper 4 — Account STD 11 Commerce — Question

Posting or posting the Entries means:
The process of transferring the information contained in a Journal to a Ledger is called Posting. The following procedure is followed for posting the debit and credit aspects of the transaction recorded in a Journal.
Posting of Account debited or credited in a Journal entry: The steps to be followed are:
i. Identify in the Ledger the account to be debited or credited.
ii. Enter the date of the transaction in the 'Date' column on the debit or credit side of the account.
iii. Write the name of the account which has been credited or debited in the respective entry
in the 'Particulars' column on the debit or credit side of the amount as 'To or by (name of account credited or debited)'.
iv. Record the page number of the Journal where the entry exists in the Journal folio (J.F) column.
v. Enter the relevant amount in the 'Amount' column on the debit or credit side.