A CR5 Posting Reference in a Subsidiary Ledger Signifies That the the ________

question 49

Multiple Choice

A CR.5 posting reference in a subsidiary ledger signifies that the ________.

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

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Definitions:

Patent Application

A formal request submitted to a patent office for the issuance of a patent for the new invention described in the application, protecting its intellectual property rights.

Publicly Disclosing

The act of making information or data known to the public, often through official reports or statements.

Provisional Measure

A temporary legal act or order intended to address urgent matters until a permanent solution is established or passed into law.

Legal Structures

The legally recognized configurations under which organizations or businesses can operate, such as sole proprietorships, partnerships, corporations, and limited liability companies.