Posting debits from the sales journal to Accounts Receivable twice-once to the general ledger account Accounts Receivable and once to the customer's subsidiary account-violates the accounting equation of debits equal credits.

Question

Quizplus · Accepted Answer

Posting debits from the sales journal to both the general ledger and the subsidiary account does not violate the accounting equation, as it ensures that the total debits and credits remain balanced across the accounts.

Posting Debits from the Sales Journal to Accounts Receivable Twice-Once