Entries in a sales journal areA) posted only to accounts in an accounts receivable subsidiary ledger.B) posted only to accounts in the general ledger.C) posted to accounts in an accounts receivable subsidiary ledger and to accounts in the general ledger.D) never posted.

Question

Entries in a sales journal areA)  posted only to accounts in an accounts receivable subsidiary ledger.B)  posted only to accounts in the general ledger.C)  posted to accounts in an accounts receivable subsidiary ledger and to accounts in the general ledger.D)  never posted.

Whitney Fellowship Youth Group Jason Sneed · Accepted Answer

Final Answer : C, Explanation :  Entries in a sales journal are posted to accounts in an accounts receivable subsidiary ledger and to accounts in the general ledger. This is because the sales journal records all sales made on credit, which creates accounts receivable balances that need to be tracked in the subsidiary ledger, as well as revenue accounts that need to be updated in the general ledger. So, option A and B are incorrect. Option D is also incorrect because sales journal entries are always posted to relevant accounts.

Entries in a sales journal are

A) posted only to accounts in an accounts receivable subsidiary ledger.
B) posted only to accounts in the general ledger.
C) posted to accounts in an accounts receivable subsidiary ledger and to accounts in the general ledger.
D) never posted.

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