Jim works in the accounting department at the kansas sunflower corporation, where it is his job to record all transactions into journals. after completing this task, the next step in the accounting process is to:

Post the transaction information to the ledger

Explanation:

Usually there about eight steps in the accounting process. The first two steps are:

1. Identification of transactions.

2. Recording of identified transactions in a Journal

3. Posting into the general ledger

The general ledger provides details of all accounting activities by account enabling the bookkeeper to monitor financial positions and statuses by account.

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.