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When posting a column total in the purchases journal a credit should be posted to?

accounts payable


The total of the cash disbursements column of the cash disbursements journal is posted to the cash account as a?

credit


Why are number under the column totals in the journal important?

These numbers are important because they verify that the information in that journal column has been posted to the corresponding ledger account.


Why are numbers under the column totals in the journal important?

These numbers are important because they verify that the information in that journal column has been posted to the corresponding ledger account.


Why are the numbers under the column totals in the journal important?

These numbers are important because they verify that the information in that journal column has been posted to the corresponding ledger account.


Only the column totals for special amount columns in a journal are posted is it true or false?

false


When posting the column totals of a cash payments journal a debit should be posted to?

accounts payable


Which column totals of a journal are posted?

In a journal, typically, the column totals for the debits and credits are posted to the respective accounts in the general ledger. This includes the totals for specific accounts such as cash, accounts receivable, accounts payable, and other relevant categories. The individual entries may also be posted based on the nature of the transaction, but the column totals provide a summarized amount for easier tracking and reporting.


No end-of-month posting is required for the total of the Other Accounts Debit column of the cash payments journal?

True. The individual entries are what get posted to their respective accounts, not the total.


What entry do you make in the post reference column of the ledger to show that you posted the transactions from the journal?

The "Post Reference" or PR is used ona Ledger to lead you back to the original transaction by identifying the Journal and the page in the Journal. Example - GJ1 = General Journal, page 1. On a Journal the PR can be used to identify the account number used from the chart of accounts


In which journal would the payment of salaries be posted?

cial journal


Drawings can be posted in cash payment journal?

no