The Journal: a. Lists every journal entry made only through the onscreen journal b. Is also called the Audit Log c. Lists every transaction entered in QBO through a journal or onscreen form, as a debit and credit entry
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- Posting: transfers ledger transaction data to the journal. a. normally occurs before O b. journalizing. transfers journal entries to ledger accounts. is an optional step in the recording process. d.Select the best answer for the question 13. The process of transferring the information contained in the journal to the ledger is called A. cross-referencing OB. balancing the accounts OC. cross-adding D. posting. Mark for review (Will be highlighted on the review page) << Previous Question Next QuesmonPost and create a ledger T-accounts. (Post enteries in the order of journal entries presented in the question.)
- ________ takes all transactions from the journal during a period and moves the information to a general ledger (ledger). A. Hitching B. Posting C. Vetting D. Laxing9. The following are book reconciling items, except: a. Debit memo b. Credit Memo c. NSF Check d. Outstanding ChecksWhich of the following statements is not correct? O A trial balance would help in detecting an error made while transcribing the debit side of a journal entry to the ledger O A journal discloses in one place the complete effects of a transaction O The correct sequence of steps in the recording process is: posting. journalizing, analyzing The chart of accounts is a listing of the accounts and the account numbers which identify their location in the ledger
- A.Post to a ledger using the T-acvount format. B.Journalize the above transaction.Which of the following is false? Select one: a. Recording transactions in separate special journals provides users with a more efficient system and access to specific information. b. Source documents provide evidence for journal entries, which are then posted to the general ledger accounts. c. The opening balances from the general ledger accounts are used to create a trial balance, the financial statements and other reports. d. All of the choices are trueQuestion Completion Status: QUESTION 2 Posting: transfers journal entries to ledger accounts. a. transfers ledger transaction data to the journal. Ob. is an optional step in the recording process. c. normally occurs before journalizing. d. QUESTION 3 Q5. All statement are limitations of trial balance Except: Click Save and Submit to save and submit. Click Save AlZ Answers to save all answers.
- need adjusting journal entiers for transaction (a)to (f)answer..Sub :AccountingPls answer ASAP.Dnt CHATGPT.I ll upvote. Thank YouIn the Payments Journal window, invoices being paid will display the: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to sele a b с d Number of items sold on the invoice. The transaction due date. Credit terms. All of the above.