Kappy Products uses both special journals and a general journal as described in this chapter. Kappy also posts customers' accounts in the accounts receivable subsidiary ledger. The postings for the most recent month are included in the subsidiary T accounts below. Instructions
Determine the correct amount of the end-of-month posting from the sales journal to the Accounts Receivable control account.

Question

Kappy Products uses both special journals and a general journal as described in this chapter. Kappy also posts customers' accounts in the accounts receivable subsidiary ledger. The postings for the most recent month are included in the subsidiary T accounts below.  Instructions
Determine the correct amount of the end-of-month posting from the sales journal to the Accounts Receivable control account.

Quizplus · Accepted Answer

The Answer of Kappy Products uses both special journals and a general journal as described in this chapter. Kappy also posts customers' accounts in the accounts receivable subsidiary ledger. The postings for the most recent month are included in the subsidiary T accounts below.  Instructions
Determine the correct amount of the end-of-month posting from the sales journal to the Accounts Receivable control account.

Kappy Products Uses Both Special Journals and a General Journal