Question

When posting to the general ledger accounts, the information in the Post. Ref. Column of each ledger account refers to a. the transaction’s source document. b. the account number. c. the journal and page number. d. the date.

Solution

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When posting to the general ledger accounts, the information in the Post. Ref. Column of each ledger account refers to the account number.

Answer: b. the account number.

See pages 168 - 169 for more details.

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