The individual amounts in the accounts payable credit column of the purchases journal are posted:
A)individually to the accounts payable account in the general ledger.
B)individually to the purchases account in the general ledger.
C)individually to the accounts payable subsidiary ledger.
D)in total to the accounts payable subsidiary ledger.

Question

Quizplus · Accepted Answer

The individual amounts in the accounts payable credit column of the purchases journal are posted individually to the accounts payable subsidiary ledger. This allows for tracking of amounts owed to each specific creditor.

The Individual Amounts in the Accounts Payable Credit Column of the Purchases