A column in journals and accounts used to cross reference journal and ledger entries is called the
A) account balance
B) debit
C) posting reference
D) credit
E) description

Question

Quizplus · Accepted Answer

A posting reference column is used to identify the corresponding journal entry or ledger account in order to facilitate cross-referencing and ensure accuracy in accounting records. This column helps to link transactions between the journal and the ledger, allowing for easier analysis and reconciliation of accounts.

A Column in Journals and Accounts Used to Cross Reference