When an individual entry is posted from the combination journal to a ledger account, what information is entered in the "Post. Ref." column of the ledger account?

a. the letters "CJ"
b. the letters "CJ" and the page number
c. the letters "CJ" and the invoice number
d. the letters "CJ" and the year


b

Business

You might also like to view...

Independent variables are normally measured in different units. To determine the relative importance of the beta weights between independent variables, we would use:

A) a screening variable B) a trimmed model C) standardized beta coefficients D) betas measured in "like-units" E) p values

Business

The net method records the invoice at its net amount (net of any cash discount).

Answer the following statement true (T) or false (F)

Business

A deficiency judgment protects a mortgagor from being personally sued in case there is a foreclosure sale deficiency

Indicate whether the statement is true or false

Business

A company rents a building with a total of 50,000 square feet, which are evenly divided between two floors. The company allocates the rent for space on the first floor at twice the rate of space on the second floor. The total monthly rent for the building is $30,000. How much of the monthly rental expense should be allocated to a department that occupies 10,000 square feet on the first floor?

A. $4,000. B. $5,000. C. $3,000. D. $2,000. E. $8,000.

Business