Multiple choice

The Posting Reference column of the journal provides a cross-reference between the

  1. ledger and accounts.

  2. journal and ledger.

  3. ledger and financial statements.

  4. journal and financial statements.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Posting Reference column in the journal contains the account number from the ledger, and the journal page number is recorded in the ledger, creating a cross-reference between the two.

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