Summary posting from the sales journal normally would be completed in which of the following orders?
A) Accounts Receivable, Sales, and Sales Tax Payable columns
B) Sales Tax Payable, Sales, and Accounts Receivable columns
C) Sales, Sales Tax Payable, and Accounts Receivable columns
D) Accounts Receivable, Sales Tax Payable, and Sales columns
Correct Answer:
Verified
Q31: When posting the cash receipts journal to
Q32: A journal designed for entering only sales
Q33: A recommended accounting practice in order to
Q34: It is an acceptable business practice to
Q35: It is important to post every column
Q35: After posting is completed in the accounts
Q37: Individual amounts for purchases returns and allowances
Q38: The total of the General Debit Column
Q40: Posting to the accounts payable ledger should
Q41: Match the terms with the definitions.
-A special
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