A Checkmark in the PR Column in the General Journal

question 109

Multiple Choice

A checkmark in the PR column in the general journal means

• A) the entry was recorded correctly.
• B) the amount was posted to the controlling account.
• C) the amount was recorded in the subsidiary ledger.
• D) the entry was audited.

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Definitions:

Decrease

A decrease refers to a reduction in size, number, value, or amount of a particular item or entity over time.

Percent Less

A term used to indicate a reduction in amount or rate by a specified percentage.

Increased By

A term describing how an amount is made larger or expanded in size, volume, number, or extent.

Reduction

A decrease in the amount, size, or intensity of something, often referring to prices, costs, or risks.