Which of the following is NOT true about posting the cash receipts journal information at the end of the month?
A) Total the amount columns, prove the total of debits equal to credits, and rule the columns.
B) Post the individual amounts from the General Credit column to the appropriate general ledger accounts.
C) Post each column total except the General Credit column total to the general ledger accounts.
D) Insert the date in the Date column and "CR" and the page number in the Posting Reference column of each ledger account.
Correct Answer:
Verified
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