I have this question that I am extremley confused about:
Identify each of the psoting references, inidicated by a letter, as represneting (1) Posting to general ledger accounts or (2) Posting to subsidiary ledger accounts>
Revenue Journal
Date Invoice # Account Debited Post Ref. Accounts rec. dr. fees earned cr.
Nov. 1 112 Environmental Saftey Co. (a) $2,625
10 113 Jenkins Co. (b) 1,050
18 114 Eco-Systems (c) 1,600
27 115 TEK Corp. (d) 965
6,240
30 (e)
I am SO confused, how to tell the difference. Please someone help!
Identify each of the psoting references, inidicated by a letter, as represneting (1) Posting to general ledger accounts or (2) Posting to subsidiary ledger accounts>
Revenue Journal
Date Invoice # Account Debited Post Ref. Accounts rec. dr. fees earned cr.
Nov. 1 112 Environmental Saftey Co. (a) $2,625
10 113 Jenkins Co. (b) 1,050
18 114 Eco-Systems (c) 1,600
27 115 TEK Corp. (d) 965
6,240
30 (e)
I am SO confused, how to tell the difference. Please someone help!