Rushing River Boats Has the Following Data in Its Social

question 39

Multiple Choice

Rushing River Boats has the following data in its Social Security tax payable General Ledger account: Social Security tax payable ACCOUNT NO. 221
BALANCE
DATE DESCRIPTION POST REF. DEBIT CREDIT DEBIT CREDIT
Jan 31 J4 420 1,620
Feb 15 J5
For the entry on January 31, what does the J4 signify?

• A) It is the fourth entry in the General Journal on that date.
• B) The account appears fourth in the list of liability accounts.
• C) It is the fourth repetition of the same entry.
• D) The transaction appears on page four of the General Journal.

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Definitions:

Mixed-Union

A romantic partnership between individuals of different racial, ethnic, religious, or cultural backgrounds.

Common-Law

A body of unwritten laws based on legal precedents established by the courts. Common law influences the decision-making process in novel cases where the outcome cannot be determined based on existing statutes or written rules of law.

Same-Sex

Pertaining to a relationship or attraction between individuals of the same sex.

Blended

In the context of families, refers to a family unit created by the joining of two previously separate families, including children from previous relationships.