The posting reference column in the journal is used for:
A) recording the source documents identification number.
B) recording the account number to which the entry was posted.
C) recording the posted account's initials.
D) recording the initials of the person who did the posting.
Correct Answer:
Verified
Q87: A credit to a liability account was
Q88: A credit to an asset account was
Q89: A debit to the liability account was
Q90: A running balance is maintained in the
Q91: A credit to an asset account was
Q93: A debit to a Liability account was
Q94: Post the following transactions to the ledger
Q95: A debit to an expense account was
Q96: A credit to a Liability account was
Q97: Posting is the process of entering amounts
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