0
What entries are posted to the cash payment journal and not the general journal?
Dbk1950
Are the payment for cash(people who came and buy for cash ) Any entry can be posted into the general journal. It is really messy and long to post the stuff in the sales, sales returns and allowances, purchases and purchases returns and allowances jounal into the general jounal so those journals are created to make things easier. So basically, any entries that are posted to the cash payments journal can be posted to the general journal.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Is closing entries normally entered in the general journal and then posted to the work sheet?
Closing entries are normally entered in the general journal to zero temporary and nominal accounts. They do not need to be posted to the worksheet.
Closing entry need to be?
Closing entries should be journalized and posted. They are entered in the general journal, as well as posted in the general ledger.
What are the accounting journal entries to record an overcharged cost that was posted to an expense purchase to Accounts Payable and was paid at a later date?
general journal
Journal entries should be posted in what order in accounting?
Journal entries should be posted in chronological order means as it happens if any transaction happend first it should be recorded first.
In which journal would the payment of salaries be posted?
cial journal
Is closing entries normally entered in the general journal and then posted to the work sheet?
Closing entries are normally entered in the general journal to zero temporary and nominal accounts. They do not need to be posted to the worksheet.
Closing entry need to be?
Closing entries should be journalized and posted. They are entered in the general journal, as well as posted in the general ledger.
What are the accounting journal entries to record an overcharged cost that was posted to an expense purchase to Accounts Payable and was paid at a later date?
general journal
Journal entries should be posted in what order in accounting?
Journal entries should be posted in chronological order means as it happens if any transaction happend first it should be recorded first.
Drawings can be posted in cash payment journal?
no
In which journal would the payment of salaries be posted?
cial journal
Can financial statements be prepared directly from the adjusted trial balance?
Yes, adjusting entries have been recorded in the general journal and posted to the ledger accounts.
Which term describes a website in which journal entries are posted on a regular basis?
Blog
Are closing entries posted to the general ledger?
yes
Why is it necessary to journalize and post adjusting entries?
The worksheet is only a tool that aids in the preparation of financial statements. Any changes in account balances recorded on the worksheet are not shown in the general journal and the general ledger until the adjusting entries have been journalized and posted.
What entries are posted on a capital project Fund?
premium remained in capital projects fund, is there an journal entry for this
How entries are posted from general ledger to trial balance?
Extract of head of account wise debit balance or credit balance from the general ledger has to be posted in the trial balance.
