What term describes transferring information from a journal entry to a ledger account?

The term that describes transferring information from a journal entry to a ledger account is "Posting." In the accounting cycle, after transactions are recorded in the journal, they need to be systematically transferred to the appropriate ledger accounts. This process ensures that all financial data is organized and categorized correctly, allowing for accurate financial reporting and analysis. Posting involves taking the debit and credit amounts from the journal entries and updating the respective ledger accounts, which is essential for maintaining a clear and comprehensive record of all financial activities.

The other options do not accurately describe this specific process. Recording refers to the initial entry of transactions into the journal, filing is not a term typically used in accounting to describe any specific process related to information transfer, and summarizing refers to the process of presenting information in a summarized format, which is distinct from the act of transferring data between journals and ledgers.