True/False
A procedure called direct posting of sales invoices can substitute for the sales journal.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q103: _refers to the programs that help managers
Q105: What are the five basic components of
Q106: Subsidiary ledgers do all of the following
Q108: An accounts payable ledger is:<br>A) A subsidiary
Q111: A list of all the accounts in
Q112: When posting from special journals each debit
Q113: All of the following statements regarding internal
Q115: Lester Company uses special journals to record
Q121: The _ principle requires that an accounting
Q129: Describe the posting process for special journals.