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Which of the following is not true concerning posting from the cash receipts journal? Posting to the general ledger accounts should be performed once, at
Which of the following is not true concerning posting from the cash receipts journal?
Posting to the general ledger accounts should be performed once, at end of month. Posting to the general ledger accounts should be performed daily. Posting to the customer accounts in the accounts receivable ledger should be performed dally At end of month, the cash receipts journal is totaled and the equality of debits and credits proven before amounts are postedStep by Step Solution
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