The amount of cash receipts for August 12 is $6,389.42.For general ledger to post this amount,it must receive
A) a journal voucher from cash receipts.
B) the deposit slip from the bank for August 12 showing $6,389.42 as a deposit.
C) a control total from accounts receivable.
D) a journal voucher from cash receipts and a control total from accounts receivable.

Question

Quizplus · Accepted Answer

A journal voucher from cash receipts provides the detailed breakdown of the cash receipts, and a control total from accounts receivable helps to ensure that the amount posted to the general ledger matches the total amount expected from accounts receivable, ensuring accuracy in the financial records.

The Amount of Cash Receipts for August 12 Is $6,389