After All Postings Have Been Made, the Total of the Schedule

question 7

Multiple Choice

After all postings have been made, the total of the schedule of accounts receivable should equal

• A)the balance of the Accounts Receivable account in the general ledger.
• B)the total of the Accounts Receivable Debit column in the sales journal.
• C)the total of all sales on account for the accounting period.
• D)the balance of the Sales account.

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Definitions:

Generalize

The act of applying specific observations to broader contexts or populations.

Naturalistic Observation

An observational study technique where participants are watched in their usual surroundings without any intervention from the researcher.

Laboratory Observation

A research method where subjects are observed in a controlled environment to ensure accuracy of findings.

Control

The power or authority to direct, manage, or govern actions or outcomes.