The chart of accounts for Miguel Corporation includes the following: On journal page 5, the following transaction was found:
What is the posting reference that will be found in the Salaries Expense account?
A) 5
B) 11
C) 54
D) none of these

Question

The chart of accounts for Miguel Corporation includes the following:  On journal page 5, the following transaction was found:
 What is the posting reference that will be found in the Salaries Expense account?
A) 5 
B) 11 
C) 54 
D) none of these

Quizplus · Accepted Answer

The posting reference for the Salaries Expense account will be 5, as the transaction was found on journal page 5.

The Chart of Accounts for Miguel Corporation Includes the Following