Entries in the purchases journal are posted to the a. general ledger only. b. accounts payable ledger only. accounts payable ledger and the purchases ledger. d. general ledger and the accounts payable ledger. C.

College Accounting (Book Only): A Career Approach
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Chapter9: Sales And Purchases
Section: Chapter Questions
Problem 7QY: The schedule of accounts payable lists each creditors account balance, and the total equals the...
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Entries in the purchases journal are posted to the
a. general ledger only.
b. accounts payable ledger only.
accounts payable ledger and the purchases ledger.
d. general ledger and the accounts payable ledger.
C.
2. The accounts payable ledger has postings from which of the following sets
of journals?
a. Purchases, cash payments, and general
b. Purchases, cash receipts, and general
Purchases and sales
C.
d. Cash payments and sales
Transcribed Image Text:Entries in the purchases journal are posted to the a. general ledger only. b. accounts payable ledger only. accounts payable ledger and the purchases ledger. d. general ledger and the accounts payable ledger. C. 2. The accounts payable ledger has postings from which of the following sets of journals? a. Purchases, cash payments, and general b. Purchases, cash receipts, and general Purchases and sales C. d. Cash payments and sales
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