What is Posting - Definition - Examples - 5 Steps In Posting (In Order of Sequence)
Posting is the process of transferring Different Types / Kinds of Accounts from Journal to Ledger . It is done in Ledger. For example, Mr. A sold goods worth Rs. 10000 to Mr. B on Credit Basis or on Account, then it is posted to Subsidiary Ledgers of Accounts Receivable Subsidiary Ledger and Sales Day Book / Ledger . This process of transferring accounts from Journal to Accounts Receivable Ledger and Sales Day Book is called posting. The Format Of Ledger (T-Account Format) Mr. A For The Accounting Period Ended on 31 st July, 2018 Date Particulars J/R Amount Date Particulars J/R Amount 2018 Rs....