MULTIPLE CHOICE 1. The entries in a purchases journal are posted to which of the following subsidiary ledger? A. Accounts Receivable B. Sales C. Purchases D. Accounts payable
MULTIPLE CHOICE 1. The entries in a purchases journal are posted to which of the following subsidiary ledger? A. Accounts Receivable B. Sales C. Purchases D. Accounts payable
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 21MC: You just posted a debit to ABC Co. in the accounts receivable subsidiary ledger. Which special...
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MULTIPLE CHOICE
1. The entries in a purchases journal are posted to which of the following subsidiary ledger?
A. Accounts Receivable
B. Sales
C. Purchases
D. Accounts payable
2. The accounts payable ledger has posting from which of the following sets of journal?
A. Purchases, cash payments and general
B. Purchases, cash receipts and general
C. Purchases and sales
D. Cash payments and sales
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