What is The Difference Between Journalizing An Entry And Posting An Entry
Journalizing An Entry VS Posting An Entry Here, we will make a comparison between Journalizing an Entry in the Journal and Posting An Entry in the Ledger . 1. In Journalizing an Entry, we record Business Transaction From Evidence Documents like Voucher or Invoice to Journal Chronologically (Date-Wise) while in Posting an Entry transferred Journal Entries to Ledger and it is called Posting and it takes place in Ledger of Business. Note: E ntry means recording Business Transactions in concerned Books of Accounts (Journal & Ledger). You Can Also Check Out, “ Difference Between Journal And Journalizing ” 2. Journalizing an Entry is called Journal Entry while Posting an Entry is known as Ledger Entry. Also Check Out, “ What is Journal Entry I n Accou nti ng ” 3. For Example, Mr. A Sold Goods Worth Rs. 50000 For Cash. The above is a Business Transaction ...