The chart of accounts for the Corning Corporation includes the following:

On journal page 3,the following transaction was found:
$\begin{array}{|c|l|l|}
\hline \text { Prepaid Insurance } & 1,530 & \
\hline \text { Cash } & & 1,530 \
\hline
\end{array}$
What are the posting references that will be found in the journal entry?
A)15 and 11,respectively
B)11 and 15,respectively
C)11 and 55,respectively
D)3 only

Question

The chart of accounts for the Corning Corporation includes the following:

On journal page 3,the following transaction was found:
$\begin{array}{|c|l|l|}
\hline \text { Prepaid Insurance } & 1,530 & \
\hline \text { Cash } & & 1,530 \
\hline
\end{array}$
What are the posting references that will be found in the journal entry?
A)15 and 11,respectively 
B)11 and 15,respectively 
C)11 and 55,respectively 
D)3 only

Quizplus · Accepted Answer

The Answer of The chart of accounts for the Corning Corporation includes the following:

On journal page 3,the following transaction was found:
$\begin{array}{|c|l|l|}
\hline \text { Prepaid Insurance } & 1,530 & \
\hline \text { Cash } & & 1,530 \
\hline
\end{array}$
What are the posting references that will be found in the journal entry?
A)15 and 11,respectively 
B)11 and 15,respectively 
C)11 and 55,respectively 
D)3 only

The Chart of Accounts for the Corning Corporation Includes the Following