Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Cross - footing a cash receipts journal means the equality of debits and credits in the journal have been proved. all necessary postings have been

Cross-footing a cash receipts journal means
the equality of debits and credits in the journal have been proved. all necessary postings have been completed. the columns of the journal have been cross-referenced. each line of the journal has a horizontal total.
eTextbook and Media
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

What will be the timescale?

Answered: 1 week ago