Meaning and process of posting can be explained as under: Transactions related to a single account when togetherly recorded on a single page is known asan account. And in a book, on every single page, an account is opened is known as ledger. In the ledgerentries are made based on journal and subsidiary books. "Posting means process of recording of transactions, as per rules of accounting, from journaland subsidiary books." There are two stages for posting. In the first stage concerned account are opened in the ledgerwhich are recorded in the journal and in the subsidiary books. And in the second stage, debit and credit effects are given for the transactions in the concernaccounts. Simple journal entry : In the simple journal entry only two accounts are affected, out of whichone is debit effect and the other is credit effect.