The chart of accounts for the Miguel Company includes the following:
Page 3 of the journal contains the following transaction:

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What is the posting reference that will be found in the salaries expense account?
A) 5
B) 11
C) 54
D) 21

Question

The chart of accounts for the Miguel Company includes the following:  
 Page 3 of the journal contains the following transaction:
  
-
What is the posting reference that will be found in the salaries expense account?
A) 5 
B) 11 
C) 54 
D) 21

Quizplus · Accepted Answer

The posting reference for the salary expense account will be 5 as it corresponds to the page number in the journal where the transaction was recorded.

The Chart of Accounts for the Miguel Company Includes the Following