Select all that apply A partial Sales Journal for ABC Co. is shown below. Show how to post these transactions into the general ledger by selecting the correct actions below. (Check all that apply.) Account Debited PR Accounts Receivable Dr. Sales Cr. Cost of Goods Sold Dr. Inventory Cr. Sparky's 1000 300 Q-Mart 3,500 800 Totals $4,500 $1,100 Multiple select question. A $4,500 credit is posted to the Sales account in the general ledger. An $1,100 debit is posted to the Cost of Goods Sold account in the general ledger. The account number of the Sales account is entered below the Accounts Receivable Dr./Sales Cr. column. A $1,000 debit is posted to the Accounts Receivable account in the general ledger on Mar. 4. An "S" is posted in the PR columns of the general ledger after posting is completed. A check mark is posted in the PR columns of the general ledger after posting is completed.
Select all that apply
A partial Sales Journal for ABC Co. is shown below. Show how to post these transactions into the general ledger by selecting the correct actions below. (Check all that apply.)
|
Account Debited |
PR |
Accounts Receivable Dr. Sales Cr. |
Cost of Goods Sold Dr. Inventory Cr. |
||
|---|---|---|---|---|---|
|
Sparky's |
|
1000 |
300 |
||
|
Q-Mart |
|
3,500 |
800 |
||
|
Totals |
|
|
|
Multiple select question.
A $4,500 credit is posted to the Sales account in the general ledger.
An $1,100 debit is posted to the Cost of Goods Sold account in the general ledger.
The account number of the Sales account is entered below the Accounts Receivable Dr./Sales Cr. column.
A $1,000 debit is posted to the Accounts Receivable account in the general ledger on Mar. 4.
An "S" is posted in the PR columns of the general
A check mark is posted in the PR columns of the general ledger after posting is completed.
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