The chart of accounts for the Corning Company includes the following:

Page 3 of the journal contains the following entry:

- What posting references will be found in the journal entry?
A)41,3
B)3,11
C)11,41
D)11,3

Question

The chart of accounts for the Corning Company includes the following:

Page 3 of the journal contains the following entry:

- What posting references will be found in the journal entry?
A)41,3 
B)3,11 
C)11,41 
D)11,3

Quizplus · Accepted Answer

The posting reference for the debit to Accounts Receivable will be 11, and the posting reference for the credit to Sales Revenue will be 41.

The Chart of Accounts for the Corning Company Includes the Following