Multiple Choice
A CR.5 posting reference in a subsidiary ledger indicates that the ________.
A) posting is transferred from the cash receipts journal,page 5.
B) transaction in page number 5 is credited
C) amount credited is after a 5% discount
D) sales on credit is expected to be paid within 5 days
Correct Answer:

Verified
Correct Answer:
Verified
Q3: An accounting information system is said to
Q4: A special journal is _.<br>A)an accounting journal
Q25: A set of programs or instructions that
Q27: If there is cash involved in a
Q30: An automobile company purchases spark plugs,for cash.When
Q34: Which of the following is an example
Q64: Mercury Corporation receives a landscaping bill on
Q116: The Other Accounts DR columns of a
Q121: Which of the following are the debit
Q125: Which of the following is an example