how to posting from journal to ledger account ?

Feeling:

Really Dumb

Language:

English

Prompt:

how to posting from journal to ledger account ?
Imagine your journal as a diary where you write down all your daily activities and expenses. Now, think of a ledger account as a summary of all your expenses in different categories like food, toys, and clothes. To post from journal to ledger account, you need to transfer the information from your diary (journal) to the summary (ledger account) in the correct categories. For example, if you bought a toy for $10, you would write that in your diary under the “toys” category. Then, you would transfer that $10 to the “toys” section in your ledger account. One verifiable fact is that businesses use this method of posting from journal to ledger account to keep track of their expenses and income accurately. This helps them make informed financial decisions and stay organized in their finances.