The first step in posting involves
A) entering in the appropriate ledger account the date, journal page, and debit amount shown in the journal.
B) writing in the journal the account number to which the debit amount was posted.
C) writing in the journal the account number to which the credit amount was posted.
D) entering in the appropriate ledger account the date, journal page, and credit amount shown in the journal.
Correct Answer:
Verified
Q135: An account consists of
A)one part.
B)two parts.
C)three parts.
D)four
Q136: A debit is not the normal balance
Q137: TransAm Mail Service purchased equipment for $2,500.TransAm
Q138: The final step in the recording process
Q139: The name given to entering transaction data
Q141: An account is an individual accounting record
Q142: European companies rely
A)less on historical cost and
Q143: The normal balance of all accounts is
Q144: The complete effect of a transaction on
Q145: The left side of an account is
A)blank.
B)a
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