Which of the following is true concerning posting? Select one: a. The date of the transaction...
Which of the following is true concerning posting?
Select one:
a. The date of the transaction should be written in the account’s Date column.
b. The page number of the journal should be written in the Post. Ref. column of the ledger account.
c. The amount of the transaction should be recorded in either the debit or credit column.
d. The ledger account number should be recorded in the Post. Ref. column of the journal.
e. All of the answers listed are correct.
Homework Answers
Answer : e. All of the answers listed are correct.
As
All statements given from a to d regarding posting are true as these are to be followed while doing posting in ledger
date is recorded in date column, the page number of the journal is written in the Post. Ref. column of the ledger account, the amount of the transaction is recorded in either the debit or credit column and the ledger account number is recorded in the Post. Ref. column of the journal
hence answer is e.
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Which of the following is true concerning posting?
Select one:
a. The date of the transaction...
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Journalizing and Posting On February 11, 2099, Quick Fix Company purchased $2,310 of supplies on account. In Quick Fix's chart of accounts, the supplies account is No. 15, and the accounts payable account is No. 21. a. Journalize and insert the posting reference for the February 11, 2049, transaction on page 73 of Quick Fix Company's two-column journal. If an amount box does not require an entry, leave it blank. Page: 73 DATE ACCOUNT TITLE POST. REF DEBIT CREDIT 12/11/2079...
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39. The Posting Reference column of the journal provides a cross-reference between the a ledger and...
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het hy 11 hekta 130 as of February 2012 GENERAL LEDGER n February 11, 2019, Quick...
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The first step in the posting process is recording the Select one: a. journal page number...
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When an entry is posted, the last step in the process is Oa. a. placing the...
When an entry is posted, the last step in the process is Oa. a. placing the balance of the account in either the debit or credit column in the ledger. Ob. recording the explanation. Oc. placing the journal page number in the Post. Ref. column of the ledger. Od. placing the account number in the Post. Ref. column of the ledger. Oe. placing the account number in the Post. Ref. column of the journal. 1
On October 3, 2018, Regal Company purchased $3,600 of supplies on account. In Regal's chart of...
On October 3, 2018, Regal Company purchased $3,600 of supplies on account. In Regal's chart of accounts, the payable account is No. 21. supplies account is No. 15, and the accounts Journalize and insert the posting references for the October 3, 2018, transaction on page 91 of Regal Company's two column journal. Page: 91 ACCOUNT TITLE DOC.POST. REF DATE 、o. DEBIT CREDIT 1 Oxt. 3, 2018 b. and d. Enter a debit balance of $770 as of October 1, 2018....
Journalizing and Posting On February 11, 2099, Quick Fix Company purchased $2,310 of supplies on account. In Quick Fix's chart of accounts, the supplies account is No. 15, and the accounts payable account is No. 21. a. Journalize and insert the posting reference for the February 11, 2049, transaction on page 73 of Quick Fix Company's two-column journal. If an amount box does not require an entry, leave it blank. Page: 73 DATE ACCOUNT TITLE POST. REF DEBIT CREDIT 12/11/2079...
eBook e Show Me How Calculator Pritem Joumalizing and Posting On September 18, 2014, Carbon Company purchased $3,760 of supplies on account. In Carbon Company's chart of accounts, the supplies account is No. 15, and the accounts payable account is No. 21 a. Journalize the September 18, 2014, transaction on page 87 of Carbon Company's two-column journal. If an amount box does not require an entry, leave it blank. Page: B7 DATE POST DESCRIPTION REF DEBIT CREDIT Sept. 18, 2014...
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het hy 11 hekta 130 as of February 2012 GENERAL LEDGER n February 11, 2019, Quick Fix Company purchased $2,250 of supplies on account. In Quick Fix's chart of accounts, the supplies account is No. 15, and the accounts payable account is No. 21. . Journalize and insert the posting reference for the February 11, 2019, transaction on page 73 of Quick Fix Company's two-column journal. If an amount box does not require an entry, leave it blank Page: 73...
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On October 3, 2018, Regal Company purchased $3,600 of supplies on account. In Regal's chart of accounts, the payable account is No. 21. supplies account is No. 15, and the accounts Journalize and insert the posting references for the October 3, 2018, transaction on page 91 of Regal Company's two column journal. Page: 91 ACCOUNT TITLE DOC.POST. REF DATE 、o. DEBIT CREDIT 1 Oxt. 3, 2018 b. and d. Enter a debit balance of $770 as of October 1, 2018....
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