The PostRef

question 93

Multiple Choice

The Post.Ref.column in the general journal is used to show that an amount has been posted to the ledger when which of the following is placed in it?

• A) An X
• B) Journal number
• C) Journal page number
• D) Account number

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Definitions:

Cash Received

The total amount of money, including cash, checks, and electronic transfers, that is received by a business during a specified period.

Accounting

The information system that identifies, records, and communicates the economic events of an organization to interested users.

Revenue Account

An account that tracks the income generated from normal business operations, such as sales of goods or services.