A Number in the Reference Column in a General Journal

question 108

Multiple Choice

A number in the reference column in a general journal indicates

• A) that the entry has been posted to a particular account.
• B) the page number of the journal.
• C) the dollar amount of the transaction.
• D) the date of the transaction.

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Definitions:

Manufacturing Operation

A manufacturing operation involves the processes and activities related to the production of goods, typically on a large scale, incorporating human labor, machinery, and technology.

Strategic Channel Alliance

A collaboration between two or more organizations to use each other's distribution channels to sell their products, thereby extending their market reach.

Backward Integration

Backward Integration is a business strategy where a company expands its role to fulfill tasks formerly completed by businesses up the supply chain, often involving the acquisition of or merger with these businesses.

Vertical Integration

A business strategy in which a company controls multiple stages of production or distribution within the same industry, from raw materials to final product delivery.