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.

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Definitions:

Conquest of Mexico

The event in which the Spanish, led by Cortez, defeated and took control over the Aztec Empire in the early 16th century.

Susceptibles

Individuals within a population who are at risk of contracting a disease or condition because they have not yet developed immunity or resistance.

Outbreaks

are occurrences of cases of disease in excess of what would normally be expected in a defined community, geographical area, or season.

Spaniards

The people originating from or associated with Spain.