After you have posted information in your general journal, Cash payments journal, Cash receipts journal, Cash Purchases journal, and sales journals, what information from these journals goes to the General ledger, Accounts payable ledger and Accounts Receivable ledger? Is it that the General Journal information goes into the General ledger?

Answer rating: 100% (QA)

How a Cash Receipts Journal Works A cash receipts journal is used by companies to record all cash received from any source This includes cash sales receipt of funds from a bank loan payments from cust... View the full answer