A column in journals and ledger accounts that is used to cross reference journal and ledger entries is the:
A)Account balance column.
B)Debit column.
C)Posting reference column.
D)Credit column.
E)Description column.

Question

Quizplus · Accepted Answer

The posting reference column in journals and ledger accounts is used to cross reference journal and ledger entries. This allows for easy tracking of where specific transactions originated from and where they were posted in the ledger. The other columns listed (account balance, debit, credit, and description) are important for recording and calculating transactions, but do not provide cross-referencing capabilities.

A Column in Journals and Ledger Accounts That Is Used