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A CR5 Posting Reference in a Subsidiary Ledger Signifies That the the ________

Question 49

Multiple Choice

A CR.5 posting reference in a subsidiary ledger signifies that the ________.


A) posting is transferred from the cash receipts journal, page 5
B) transaction on page number 5 is credited
C) amount credited is after a 5% discount
D) sales on credit is expected to be paid within five days

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