Solved

What Is the General Ledger Posting from the Credit Sales

Question 60

Multiple Choice

What is the general ledger posting from the credit sales journal?


A) Debit to cash, debit to GST collections, credit to accounts receivable
B) Debit to accounts receivable, credit to sales, credit to GST collections
C) Debit to sales, credit to accounts receivable
D) Debit to sales, credit to GST collections, credit to cash

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions