Rushing River Boats has the following data in its Social Security tax payable General Ledger account:

For the entry on January 31, what does the J4 signify?
A)It is the fourth entry in the General Journal on that date.
B)The account appears fourth in the list of liability accounts.
C)It is the fourth repetition of the same entry.
D)The transaction appears on page four of the General Journal.

Question

Rushing River Boats has the following data in its Social Security tax payable General Ledger account:

For the entry on January 31, what does the J4 signify?
A)It is the fourth entry in the General Journal on that date. 
B)The account appears fourth in the list of liability accounts. 
C)It is the fourth repetition of the same entry. 
D)The transaction appears on page four of the General Journal.

Quizplus · Accepted Answer

The Answer of Rushing River Boats has the following data in its Social Security tax payable General Ledger account:

For the entry on January 31, what does the J4 signify?
A)It is the fourth entry in the General Journal on that date. 
B)The account appears fourth in the list of liability accounts. 
C)It is the fourth repetition of the same entry. 
D)The transaction appears on page four of the General Journal.

Rushing River Boats Has the Following Data in Its Social