Which of the Following Is Not a True Statement About

question 31

Multiple Choice

Which of the following is not a true statement about the daily posting of the sales journal?

• A) There is a debit posting to accounts in the accounts receivable subsidiary ledger.
• B) There is no credit posting.
• C) The reference column in the sales journal is checked when the posting is complete for each entry in the journal.
• D) The invoice number supporting the sales transaction is posted to the reference column in the subsidiary ledger.