subject
Business, 17.04.2020 15:46 jweldene12

Show your understanding of the posting procedure from a sales journal to a subsidiary ledger by selecting the correct statements below.

A. Individual transactions are posted daily to the customer accounts affected in the subsidiary ledger.
B. Posting to individual customer accounts regularly keeps customer accounts up-to-date.
C. The total of the Accounts Receivable Dr./Sales Cr. column is posted daily to subsidiary ledger.
D. After posting to a customer's account in the subsidiary ledger, check marks are entered in the sales journal's PR column.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 21:00, yasarhan2
Suppose an economist believes that the price level in the economy is directly related to the money supply, or the amount of money circulating in the economy. the economist proposes the following relationship: p=a x m - p=price level - m=money supply - a=a composite of other factors, including real gdp, that change very slowly over time. how might an economist gather empirical data to test the proposed relationship between money and the price level? an economist would persuade the federal reserve to change the money supply to various levels, and observe the resulting changes in the price level. unlike researchers in the hard sciences, economists cannot study complex relationships using data. economists do not usually develop theoretical models of the economy but only analyze summary statistics about the current state of the economy. an economist would look for data on past changes in the money supply, and note the resulting changes in the price level
Answers: 1
image
Business, 21.06.2019 21:00, northpolea
Suppose that kenji, an economist from an am talk radio program, and lucia, an economist from a school of industrial relations, are arguing over health insurance. the following dialogue shows an excerpt from their debate: lucia: a popular topic for debate among politicians as well as economists is the idea of providing government assistance for health benefits. kenji: i think it is oppressive for the government to tax people who take care of themselves in order to pay for health insurance for those who are obese. lucia: i disagree. i think government funding of health insurance is useful to ensure basic fairness. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? lawyers make up an excessive percentage of elected officials. minimum wage laws do more to harm low-skilled workers than them. tariffs and import quotas generally reduce economic welfare.
Answers: 3
image
Business, 22.06.2019 08:00, champ1135
Why is it vital to maintain a designer worksheet? a. it separates the designs chosen for the season from those rejected by the company. b. it keeps a record of all designs created by the designer for a season. c. it charts out the development of an entire line through the season and beyond. d. it tracks the development of a design along with costing and production details. done
Answers: 1
image
Business, 22.06.2019 15:20, alex12everett
Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.
Answers: 1
You know the right answer?
Show your understanding of the posting procedure from a sales journal to a subsidiary ledger by sele...

Questions in other subjects:

Konu
Mathematics, 16.10.2020 16:01
Konu
Mathematics, 16.10.2020 16:01
Konu
Mathematics, 16.10.2020 16:01
Konu
Mathematics, 16.10.2020 16:01
Konu
Mathematics, 16.10.2020 16:01