A posting reference column is added:
A)while preparing the trial balance using the ledger.
B)when the information is transferred from the journal to the ledger.
C)when the information is transferred from the ledger to the journal.
D)while preparing the balance sheet using the trial balance.

Question

Quizplus · Accepted Answer

Posting reference column is added while transferring information from the journal to the ledger. This column helps in keeping track of the transactions that have been posted in the ledger. It includes the page number of the ledger where the transaction has been posted.

A Posting Reference Column Is Added