Question

The first and most important step in the posting procedure is
A. posting the amount.
B. posting the date.
C. posting the explanation.
D. recording the posting reference information.

Answer 1

The answer is B. Posting the date.
Here's the sequence of posting procedures.
First, Posting the date.
Second, posting the amount of the transactions.
Third,posting the page number of the journal in the Post. Ref. column of the ledger account.
And lastly, recording the posting ref. information