Credit postings to the Accounts Receivable general ledger account come from the cash receipts journal and the general journal.

True

false

This journal contains all of the transactions from cash increasing

a.Cash Payment Journal

b.Cash Receipts Journal

c.Purchase Journal

d.Sales Journal

1. Which of the following accounts are considered contra accounts?

   a.Purchase Returns & Allowances

   b.Sales Returns & Allowances

   c.Sales Discounts

   d.All of these choices are correct.

Individual amounts in the Accounts Receivable Credit column of a cash receipts journal are

a.not posted.

b.posted daily to the general ledger.

c.posted monthly to the general ledger.

d.posted monthly to the accounts receivable ledger.

e.posted daily to the accounts receivable ledger.

please answer all the qyestions