Which of the Following Is True of Posting Entries from a Cash

question 18

Multiple Choice

Which of the following is true of posting entries from a cash payments journal?

• A)Entries in the cash payments journal are posted monthly to the accounts payable subsidiary ledger and daily to the general ledger.
• B)The postings of accounts payable are credits and increase the balance in the individual accounts payable account.
• C)After posting the payment of accounts payable,a checkmark is entered in the cash payments journal and the posting reference is printed in the subsidiary ledger.
• D)At the end of the month,each column is totaled and the totals,including the Other Accounts DR column,are posted to the specific general ledger accounts.

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Definitions:

American Federation of Labor

A national federation of labor unions in the United States, founded in 1886, that aimed to represent the interests of skilled workers and push for better wages, working conditions, and labor laws.

Unskilled Workers

Laborers who do not have specialized training or skills, often employed in basic tasks in various industries.

Africans-Americans

Individuals in the United States who have ancestry tracing back to the black racial groups of Africa.

Japanese Mexican Labor Association

An organization formed by Japanese and Mexican laborers in California in the early 20th century to advocate for workers' rights and better labor conditions.