Which of the Following Statements Is Correct

question 76

Multiple Choice

Which of the following statements is correct?

• A) The general ledger contains the accounts that are used to prepare the financial statements.
• B) Some companies use the general ledger instead of a general journal.
• C) When entries are posted from the general journal to the general ledger, the account number is written in the Posting Reference column in the general ledger.
• D) When entries are posted from the general journal to the general ledger, the page number is written in the Posting Reference column in the general journal.

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