An amount debited to Cash in a journal entry should be posted as a credit to the Cash account in the ledger.
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Q7: If an error is discovered before the
Q8: Transactions are recorded in either a journal
Q9: The balance ledger form always shows the
Q10: Transactions in a journal are initially recorded
Q11: When an entry is made in the
Q13: Posting references are part of the audit
Q14: A journal entry can consist of no
Q15: Posting references provide a useful cross-reference when
Q16: The revenue accounts come before the expense
Q17: Which of the following statements is NOT
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