Which of the following correctly describes the posting of transactions from the sales journal? a. Individual accounts
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Which of the following correctly describes the posting of transactions from the sales journal?
a. Individual accounts receivable are posted daily to the general ledger.
b. At the end of the month, the totals of the columns are posted to the general ledger.
c. Transactions are posted daily to the general ledger.
d. The total of the Accounts Receivable DR, Sales Revenue CR column is posted to the accounts receivable subsidiary ledger.
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Related Book For
Horngrens Financial And Managerial Accounting The Managerial Chapters
ISBN: 9781292412337
7th Global Edition
Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura
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