The End-Of-Month Balance in Dryer Company's Cash Receipts Journal Cash

question 59

Multiple Choice

The end-of-month balance in Dryer Company's cash receipts journal cash column is $22,630. How will this column be posted?

• A)The total will be posted to the cash account as a credit.
• B)The total will be posted to the cash account as a debit.
• C)The individual amounts are posted on a daily basis.
• D)The total is not posted.

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