Which of the Following Is True of Posting from a Sales

Multiple Choice

Which of the following is true of posting from a sales journal to the general ledger?

A) Entries in the sales journal are posted to either the accounts receivable subsidiary ledger or the general ledger.
B) Individual accounts receivable are posted daily from the sales journal to the accounts receivable subsidiary ledger.
C) Though the sales journal is posted monthly to the subsidiary ledger, it is a reliable record of the amount receivable from each customer.
D) Under a perpetual inventory system, the sales journal will not have the Cost of Goods Sold DR and Merchandise Inventory CR column.