Figure 5-10 -Refer to Figure 5-10.When the Price Is $30,total Revenue Is

question 351

Multiple Choice

Figure 5-10

-Refer to Figure 5-10.When the price is $30,total revenue is

• A) $3,000.
• B) $5,000.
• C) $7,000.
• D) $9,000.

---

Definitions:

Posting Process

The act of transferring journal entries to their respective accounts in the ledger.

Journal Page Number

A reference number used in accounting to denote the specific page in a journal where transactions are recorded.

Account Number

A unique sequence of numbers assigned to a customer's account in a bank or financial institution, facilitating the management and identification of accounts.

Ledger

A comprehensive collection of a company's financial accounts, used for recording all financial transactions.