When an entry is posted from the combination journal to a ledger account, what information is entered

Question:

When an entry is posted from the combination journal to a ledger account, what information is entered in the Posting Reference column of the combination journal? In the Posting Reference column of the ledger account?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

See More Books

Question Posted: Dec 22, 2011 03:15 AM

See More Questions

What information is entered in the Posting Reference column of the journal as an amount is posted to the proper account in the ledger?
What notations are entered into the Posting Reference column of a ledger account?
Posting errors are identified in the following table. In column (1), enter the amount of the difference between the two trial balance columns (debit and credit) due to the error. In column (2),...
a. Show that if the position x of a moving point is given by a quadratic function of t, x = At 2 + Bt + C, then the average velocity over any time interval [t 1 , t 2 ] is equal to the instantaneous...
A company makes four products that have the following characteristics: Product A sells for $50 but needs $20 of materials and $20 of labor to produce; Product B sells for $75 but needs $40 of...
A job evaluation plan in the Dorben Company provides for five labor grades, of which grade 5 has the highest base rates and grade 1 the lowest. The linear plan involves a range of 50 to 250 points...
(a) Determine the center-of-mass velocity of the two carts in Figure 6.8 (a) before and after the collision, and verify that it is equal to the velocity of the carts at the point where the two...
Tiffany Cosmetics manufactures, and sells a variety of makeup and beauty products. The company has come up with its own patented formula for a new anti-aging cream The company president wants to make...
a) Explain any three reasons why some businesses do not maintain a complete set of accounting records. (3 marks) b) On 31.12.2017, subscriptions paid in advance to Amani sports Club amounted sh....
An external force F = F 0 sin wt is applied to the cylinder as shown. What value w c of the driving frequency would cause excessively large oscillations of the system? k 2m m YF
What is the purpose of proving the totals in the combination journal?
JOURNAL ENTRIES Jean Akins opened a consulting business. Journalize the following transactions that occurred during the month of January of the current year using the modified cash basis and a...
Does the male stock market investor earn significantly more than the female stock market investor? One study by the New York Stock Exchange showed that the male investor has an income of $46,400 and...
Capital notes: A. are subject to reserve requirements B. are assets of the banks that issue them C. are always subordinated to the claims of bank depositors D. reflect short-term borrowing on the...
The enumeration below defines the categories of items sold in a Yarn shop. The shop sells yarn, accessories, patterns, and books. Each enum constant requires a value for the discount percentage when...
The cylinder in the figure accelerates to the left at the rate of 9.80 m/s. Find the tension in the string connecting at rod of circular cross section to the cylinder. The volume between the rod and...
Use appropriate graph(s) to explain the effect of each of the following events, if any, on the position of the short- and long-run aggregate supply curves and the aggregate demand curve for a small...
1) Prove or disprove that average Treynor's measure is equal to the market's one at each point of time among all the market participants. (This is cross-section at one point of time). 2) Prove or...
Why does scarcity imply there will be opportunity costs?
Determine which of the following limits exist. Compute the limits that exist. lim x-0 1- + 3x X
Write the phasor equation for the single-loop, coupled circuit shown in Fig. 14-38. j5 . | 1 k = 0.65 10 0 50/0 V j3 K -j8 .
A state charges a basic SUTA tax rate of 5.4 percent. Because of an excellent experience rating, an employer in the state has to pay only 1.0 percent of the taxable payroll as state tax. What is the...
What is the purpose of Form 940? How often is it filed?
What is the purpose of Form 940? How often is it filed?
According to theknot.com, online dating is the most common way people meet their spouses today. This claim was based on a survey of 1,400 randomly selected recently married couples, with 266...
Miller's Hardware plans on saving $40,000, $50,000, and $58,000 at the end of each year for the next three years, respectively. How much will the firm have saved at the end of the three years if it...
Wizmo technologies is producing a new kids watch, an electronic gadget for kids to stay connected with their parents. The project requires an initial investment in plant and equipment of 6 million....

When an entry is posted from the combination journal to a ledger account, what information is entered

Question:

Step by Step Answer:

In the combination journal the account number of t...View the full answer

College Accounting

Students also viewed these Accounting questions