What is the general ledger posting from the credit sales journal?
A) Debit to cash, debit to GST collections, credit to accounts receivable
B) Debit to accounts receivable, credit to sales, credit to GST collections
C) Debit to sales, credit to accounts receivable
D) Debit to sales, credit to GST collections, credit to cash
Correct Answer:
Verified
Q19: The limitation of internal control includes all
Q20: Internal control is defined to include which
Q21: Which of these is not a column
Q22: A general ledger account that summarises the
Q23: Which transaction would be recorded in the
Q25: Which of these is not an advantage
Q26: A column for discount received could be
Q27: Which of these is not an advantage
Q28: Columns for GST collections could be found
Q29: Which of the following statements is correct?
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents