Ch 4 Posting to a General Ledger
Quiz
•
Business
•
9th - 12th Grade
•
Medium
Rhonda Platt
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The first digit in the account number 520 means that the account is in the
expense division of the general ledger
revenue division of the general ledger
liability division of the general ledger
asset division of the general ledger
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When accounts are arranged in a general ledger, account numbers are assigned, and the chart of accounts is kept up to date, the accounting personnel are
journalizing
doing file maintenance
posting
none of these
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The procedure for transferring information from a journal entry to a ledger account is
journalizing
file maintenance
posting
none of these
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The last step in the posting procedure is to write the
entry date in the Date column of the account
journal page number in the Post. Ref. column of the account
account number in the Post. Ref. column of the journal
entry amount in the Debit or Credit column of the account
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The second step in the posting procedure is to write the
entry date in the Date column of the account
journal page number in the Post. Ref. column of the account
account number in the Post. Ref. column of the journal
entry amount in the Debit or Credit column of the account
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An account number in the Journal's Post. Ref. column shows
the date of the entry
that work on that journal page is completed
the account to which an amount is posted
none of these
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Posting references in a journal are
the first item recorded when posting
always placed in an account's Post Ref. column
not necessary
none of these
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