A Column in Journals and Ledger Accounts That Is Used

question 29

Multiple Choice

A column in journals and ledger accounts that is used to cross reference journal and ledger entries is the:

• A)Account balance column.
• B)Debit column.
• C)Posting reference column.
• D)Credit column.
• E)Description column.

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Definitions:

Product Variety

The range of different products or variations offered by a company to its customers.

Online Seller

An individual or business that sells goods or services through digital platforms or ecommerce websites.

Aggregated Inventories

Describes the total stock of goods or materials compiled from different locations or categories within a company's supply chain.

Transportation Costs

Expenses associated with the movement of products or materials from one location to another, which can include shipping, fuel, and labor costs.