Q.The process of transferring the debit and credit items from Journal to Ledger accounts is called :

Posting is the process of transferring debit and credit entries from the journal to the appropriate ledger accounts.

The stages of recording are:

1. Journalising — recording a transaction in the journal in the order it occurs.
2. Posting — transferring each debit and credit item from the journal to the concerned account in the ledger.
3. Casting — totalling the amount columns of an account or book.
4. Balancing — ascertaining the net difference between the debit and credit sides of a ledger account. …