In the following General Journal transaction,to what do the numbers 101 and 301 refer?

A)General journal numbers
B)Employee numbers
C)General Ledger account numbers
D)Transaction numbers

Question

In the following General Journal transaction,to what do the numbers 101 and 301 refer?

A)General journal numbers 
B)Employee numbers 
C)General Ledger account numbers 
D)Transaction numbers

Quizplus · Accepted Answer

The numbers 101 and 301 refer to General Ledger account numbers, as transactions in the General Journal are recorded using account numbers to indicate which accounts are being affected.

In the Following General Journal Transaction,to What Do the Numbers