The Posting Reference columns are used to trace transactions from the ledger to the journal. What will be entered in the Posting Reference column of (1) the journal and
(2) the ledger?
A) (1) the amount of the debit or credit and (2) the journal page number
B) (1) the journal page number and (2) the date of the transaction
C) (1) the journal page number and (2) the account number
D) (1) the account number and (2) the journal page number

Question

Quizplus · Accepted Answer

In the journal, the account number is entered in the Posting Reference column to indicate which ledger account the transaction is posted to. In the ledger, the journal page number is entered to trace back to the original journal entry.

The Posting Reference Columns Are Used to Trace Transactions from the Ledger