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The Accounts Receivable Credit Column of the Cash Receipts Journal

Question 31

Multiple Choice

The accounts receivable credit column of the cash receipts journal is:


A) posted in summary only at the end of the month.
B) posted in summary at the end of the month and by individual amounts on a daily basis.
C) posted by individual amounts at the end of the accounting period.
D) posted by individual amounts at the end of the month.

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