After the data has been posted from the journals to the ledgers asset and liability accounts are

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The question asks about the state of asset and liability accounts after posting data from journals to the ledgers.
Option a: 'a. balanced.' This is the correct characterization in many accounting contexts, as posting to the ledger leads to accounts that show a balanced trial balance when totals match debits and credits for each account. The accounts themselves may still have either a debit or credit balance, but the overall concept is that the postings are balanced in terms of debits and credits for each account.
Option b: 'b. deleted.' This is incorrect because posting to the general ledger does not remove or delete the accounts; it updates them with the new balances, preserving historical data for reporting and auditing.
Option c: 'c. footed.' While ledger accounts are often footed to determine the sum of debits and credits within an individual account, the phrasing implies a maintenance action that isn’t the defining state after posting. Footing is a processing step, not a description of the overall state of asset and liability accounts after posting from journals.
Option d: 'd. cleared.' Clearing suggests that accounts are brought to a zero balance, which does not generally happen simply by posting journal entries. Asset and liability accounts typically carry balances; they are not automatically cleared unless specific closing or clearing procedures are performed at period end.

MUF0021 Accounting Unit 1 - Semester 1, 2025 Quiz: The General Ledger

After the data has been posted from the journals to the ledgers asset and liability accounts are

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