Which of the Following Is NOT True About Posting the Cash

question 42

Multiple Choice

Which of the following is NOT true about posting the cash receipts journal information at the end of the month?

• A) Total the amount columns, prove the total of debits equal to credits, and rule the columns.
• B) Post the individual amounts from the General Credit column to the appropriate general ledger accounts.
• C) Post each column total except the General Credit column total to the general ledger accounts.
• D) Insert the date in the Date column and "CR" and the page number in the Posting Reference column of each ledger account.

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Definitions:

Threat of Rejection

The possibility of being denied acceptance or approval in a particular situation, often causing anxiety or influencing behavior.

Threat of Rejection

The possibility of being rejected which can influence behavior or choices, often discussed in social or economic contexts.

Ultimatum Game

A game in economic experiments where one player proposes how to divide a sum of money with another player who can accept or reject the proposition.

Dictator Game

A behavioral experiment where one participant, the "dictator," determines how to split an amount of money between themselves and another participant.