The PR column of the journal should be completed as soon as the journal entry is written.

Name: The PR column of the journal should be completed as soon as the journal entry is written.
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Question

Quizplus · Accepted Answer

The PR column in a journal refers to the posting reference, which is used later on when the journal entry is posted to the appropriate accounts in the general ledger. Therefore, the PR column is usually not completed until the end of the accounting period when all journal entries are being posted.

The PR Column of the Journal Should Be Completed as Soon