Multiple Choice
After all postings have been made, the total of the schedule of accounts receivable should equal
A) the balance of the Accounts Receivable account in the general ledger.
B) the total of the Accounts Receivable Debit column in the sales journal.
C) the total of all sales on account for the accounting period.
D) the balance of the Sales account.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: For each of the transactions listed below,
Q3: Hugh Snow returned merchandise to Farley Co.
Q4: In a firm that uses special journals,
Q5: A merchandising business sells goods that it
Q6: The balance of the Sales Returns and
Q8: One of the customer accounts from the
Q9: Identify the statement below that correctly describes
Q10: Bradley's Appliance Store had the following transactions
Q11: The entry to record a return by
Q12: Selected balances from the general ledger