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Posting the entries from the sales journal to the accounts receivable subsidiary ledger should be done ______. a). at the

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Posting the entries from the sales journal to the accounts receivable subsidiary ledger should be done ______. 

a). at the end of each month  

b). on a weekly basis 

c). on a daily basis  

d). only at the end of the accounting period

Expert Answer:

Answer rating: 100% (QA)

option C is correct on daily bas View the full answer


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Investments An Introduction

Investments An Introduction

ISBN: 978-0324561388

9th Edition

Authors: Herbert B Mayo

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Posted Date: December 15, 2020 22:49:19
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A journal entry is an act of keeping or making records of any transactions either economic or non-economic. Transactions are listed in an accounting journal that shows a company\'s debit and credit balances. The journal entry can consist of several recordings, each of which is either a debit or a credit

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