A CR5 Posting Reference in a Subsidiary Ledger Indicates That

question 9

Multiple Choice

A CR.5 posting reference in a subsidiary ledger indicates that:

• A)the posting is transferred from the cash receipts journal, page 5.
• B)the transaction in page number 5 is credited.
• C)the credited amount is after a 5% discount.
• D)the sales on credit is expected to be paid within 5 days.

---

Definitions:

Decision-making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

National Defense Education Act

A U.S. federal law passed in 1958 that funded education programs in the sciences, mathematics, and modern languages, to ensure the nation had enough skilled professionals.

Academic Plans

Structured outlines or roadmaps developed to guide students through their academic careers, ensuring they meet all requirements for graduation.

Volunteer Activities

Unpaid activities where individuals offer their time and skills for the benefit of others or the community, often providing valuable experiences for career exploration.