When the totals of the sales journal are posted at the end of the month, there will be credits to

a. Sales and Merchandise Inventory and debits to Accounts Receivable and Cost of Goods Sold.

b. Accounts Receivable and Cost of Goods Sold and debits to Sales and Merchandise Inventory.

c. Sales and debits to each individual customer account.

d. the Sales account only, and no debits.

11. The Other Accounts column of a multi-column journal is often referred to as the

a. Sundry Accounts column.

b. Controlling Account column.

c. Credit Account column.

d. Debit Account column.

12. Companies record credit purchases of equipment or supplies in the

a. cash payments journal.

b. cash receipts journal.

c. general journal.

d. one-column purchases journal.