Posting the entries from the sales journal to the accounts receivable subsidiary ledger should be done:
A)on a weekly basis.
B)only at the end of the accounting period.
C)on a daily basis.
D)at the end of each month.

Question

Quizplus · Accepted Answer

Posting the entries from the sales journal to the accounts receivable subsidiary ledger on a daily basis ensures that the records are up-to-date, facilitating accurate tracking of individual customer balances.

Posting the Entries from the Sales Journal to the Accounts