An account number in the Posting Reference column of the general journal indicates that the amount has been posted to the account in the general ledger.
Correct Answer:
Verified
Q17: If a business uses special journals, it
Q18: Most transactions entered in a special journal
Q19: Transactions that are similar in type and
Q20: Special journals enable a substantial time savings
Q21: Which of the following is NOT true
Q23: Each amount in the General Debit column
Q24: Purchases Returns and Allowances are recorded in
Q25: After the posting of the accounts payable
Q26: If a buyer is given an allowance
Q27: A purchases journal is a special journal
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents