Question and answer
the first and most important step in the posting procedure is
To record a journal entry, begin by entering the date of the transaction in the journal's date column. For convenience, include the year and month only at the top of each page and next to each month's first entry. [ In the next column, list each account affected by the transaction on a separate line, and enter a short description of the transaction immediately below the list of accounts. The
accounts being debited always appear above the accounts being credited, which are indented slightly. The posting reference column remains blank until the journal entry is transferred to the accounts, a process called posting, at which time the account's number is placed in this column. Finally, enter the debit or credit amount for each account in the appropriate columns on the right side of the journal. Generally, one blank line separates each transaction. ]
Expert answered|petals29|Points 21|
Question
Asked 8/11/2012 4:25:42 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
0 questions answered
Popular Conversations
Factor the expression. 90x^2 + 33x + 3
Weegy: 90x^2 + 33x + 3 = 3(5x + 1)(6x + 1)
9/20/2014 1:19:07 AM| 5 Answers
What are some of the inventions and ideas attributed to Leonardo da ...
Weegy: And Leonardo da Vinci, who is known for his paintings, only managed to finish 17 paintings ... deficient social ...
9/20/2014 7:55:12 PM| 3 Answers
If your muscles are not getting enough oxygen during exercise, they ...
Weegy: If your muscles are not getting enough oxygen during exercise, they will stop moving. This is FALSE.
9/20/2014 4:37:01 PM| 2 Answers
From his time in Congress, Johnson was known for his skills in ...
Weegy: The answer is A. compromise. User: President Ford’s policy toward the Soviet Union focused on A. changing ...
9/20/2014 12:28:36 AM| 1 Answers
Weegy Stuff
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
P
C
P
C
L
Points 2245 [Total 26643]| Ratings 5| Comments 2195| Invitations 0|Offline
S
L
1
L
P
C
1
Points 2063 [Total 8594]| Ratings 9| Comments 1973| Invitations 0|Online
S
L
C
P
C
1
L
L
P
C
1
Points 1718 [Total 17657]| Ratings 12| Comments 1598| Invitations 0|Offline
S
L
1
1
1
1
L
1
L
Points 1683 [Total 11463]| Ratings 0| Comments 1683| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
P
C
Points 1509 [Total 18681]| Ratings 5| Comments 1459| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 609 [Total 11855]| Ratings 0| Comments 609| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
P
C
Points 530 [Total 19061]| Ratings 1| Comments 520| Invitations 0|Offline
S
L
Points 528 [Total 1198]| Ratings 0| Comments 528| Invitations 0|Offline
S
1
L
L
Points 428 [Total 5552]| Ratings 4| Comments 388| Invitations 0|Offline
S
Points 64 [Total 64]| Ratings 2| Comments 34| Invitations 1|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.