Describe the posting procedures to the general ledger


Response to the following questions:

1. Describe the posting procedures to the general ledger and the rules for totaling and ruling the following.

a. Sales journal

b. Purchases journal

2. Describe the procedure for posting each of the following:

a. From the sales journal to the accounts receivable ledger

b. From the purchases journal to the accounts payable ledger

 

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Accounting Basics: Describe the posting procedures to the general ledger
Reference No:- TGS02127889

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