The process of transfer of the entries, from subsidiary books to ledger, is known as:

Correct option is C

The correct answer is Posting. Posting refers to the process of transferring the recorded transactions from the subsidiary books (such as Cash Book, Purchase Book, Sales Book, etc.) into the respective ledger accounts. This is the second major step in accounting after journalising. It helps in classifying all financial transactions under proper heads, making it easier to prepare trial balance and final accounts. Subsidiary books contain day-to-day transactions in a chronological manner, whereas ledger accounts maintain them in an analytical manner. Thus, Posting is essential for summarizing accounting information.
Information Booster
· Posting helps in transferring information systematically to ledger accounts.
· It enables grouping of similar transactions under one account.
· Ledger is also known as the Principal Book of Accounts.
· Trial Balance is prepared only after posting is completed.
· Proper posting reduces errors during financial statement preparation.