subject
Business, 26.02.2020 17:40 shekinahdavis8760

Why are posting references entered in the journal when entries are posted to the ledger accounts?

a. To ensure the entries balance.

b. Posting references is not done until the preparation of the formal financial statements is done.

c. So we know that the entry has been posted.

d. The postings must be approved.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:10
Sarah needs to complete financial aid packets. during which school year would she do this? sophomore freshman senior junior
Answers: 2
question
Business, 23.06.2019 00:30
You get your monthly banking statement and notice that the number is lower than expected. you decide that you should create a cash flow statement. why are cash flow statements useful in managing money? what are the steps in creating a statement?
Answers: 1
question
Business, 23.06.2019 02:20
When the benefit of one particular use of a resource is greater than the opportunity cost, then that resource is which of the following? a. not scarce b. being used efficiently c. a normal good d. non-excludable
Answers: 2
question
Business, 23.06.2019 02:30
Do you think it ethical and appropriate for marshall to have used himself as a test subject and swallowed a sample of helicobacter pylori? what precautions did he take? would you do it? why or why not?
Answers: 1
You know the right answer?
Why are posting references entered in the journal when entries are posted to the ledger accounts?
Questions
Questions on the website: 13722360