Posting example sentences

Posting from the journal is done periodically, may be, weekly or fortnightly or monthly as per the requirements and convenience of the business.Posting to the debit side of individual customer's accounts may be made daily.Entries marked C (being contra entries as explained earlier) are ignored while posting from the cash book to the ledger.In the above case, difference in trial balance has arisen due to one sided error (omission of posting to Diwakar and sons s account).The posting from this books are made to the debit of the account of every creditor to whom acceptance has been given and the periodical total of the books is credited to the 'Bills Payable Account' in the ledger.The balancing of the an account is illustrated below with the help of an example explaining the complete process of recording the transactions, posting to ledger and balancing there of.In other words, posting means grouping of all the transactions in respect to a particular account at one place for meaningful conclusion and to further the accounting process.For example, the book-keeper may debit a correct amount in the wrong account while making the journal entry or in posting a journal entry to the ledger.It implies that if the sum of all debits equals the sum of all credits, it is presumed that the posting to the ledger in terms of debit and credit amounts is accurate.Posting is the process of transferring the entries from the books of original entry (journal) to the ledger.But while posting to the ledger, Preetpal s account was debited with Rs.An error in an amount posted to the correct ledger account may also be corrected in a similar way, or by making an additional posting for the difference in amount and giving an explanatory note in the particulars column.Error while posting a journal entry: a journal entry may not have been posted properly to the ledger, i.e., posting made either with wrong amount or on the wrong side of the account or in the wrong account.A tallied trial balance only proves, to a certain extent, that the posting to the ledger is arithmetically correct.If error is of posting to a wrong account with wrong amount (without mentioning the side of posting) then assume that posting has been done on the right side.