Assume that numerous trensactions have been entered into the cash receipts journal Which of the folowing...
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Assume that numerous trensactions have been entered into the cash receipts journal Which of the folowing statements is correca with regards to the posting of the sales journal? O Amounts in the Other Accounts Dr. column shoutd be individualy posted to the related accounts recelvable ledger accounts O Amounts in the Accounts Receivable Cr cotumn should be individually pOsted to the related accounts receivable ledger accounts. Ater the columns are footed and crossfooted, che colurmn totals should be posted to the accounts receivable ledger accounts Check marks are entered in the PR column for each trensection row of the sales jourmal wheen amounts ore posted to Assume that numerous trensactions have been entered into the cash receipts journal Which of the folowing statements is correca with regards to the posting of the sales journal? O Amounts in the Other Accounts Dr. column shoutd be individualy posted to the related accounts recelvable ledger accounts O Amounts in the Accounts Receivable Cr cotumn should be individually pOsted to the related accounts receivable ledger accounts. Ater the columns are footed and crossfooted, che colurmn totals should be posted to the accounts receivable ledger accounts Check marks are entered in the PR column for each trensection row of the sales jourmal wheen amounts ore posted to
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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