The Most Convenient And Fastest Way Of Posting Journal Entries To The Ledger
The Correct Answer Of Short Question Is T-Account The most convenient and fastest way of transferring Journal Entries to the Ledger is by using T-Account as it is easy to record accounts (Assets, Liabilities, Equity, Revenues and Expenses) on t-account having a title of a particular account and having a left side (or debit side) and a right side (credit side). For example, if salary t account is prepared, then it is shown below: Salary T Account For The Month Of July, 2023 Date Particulars Amount Date Particulars Amount July 2023 $ July 2023 Particulars $ 5th July Cash a./c 3000 31st July Balance c/d 3000 The entry recorded on 5th July, 2023, is transferred from journal. The balance carried down (Balance c/d) shows the balance whi