The chart of account for the Corning Company includes some of the following accounts: On the journal page 3, the following transaction was found:
What is the post reference that will be found on the Prepaid Insurance account?
A) 11
B) 15
C) 3
D) None

Question

The chart of account for the Corning Company includes some of the following accounts:  On the journal page 3, the following transaction was found:
 What is the post reference that will be found on the Prepaid Insurance account?
A) 11 
B) 15 
C) 3 
D) None

Quizplus · Accepted Answer

The post reference on the Prepaid Insurance account will be found on journal page 3, which corresponds to post reference 3 in the chart of accounts. Therefore, the answer is C. None of the other options match up with the journal page referenced in the question.

The Chart of Account for the Corning Company Includes Some