'The ledger that contains the financial statement accounts of a company is the Choose General journal to record Column balance journal Special ledger General ledger Special journal Credit purchases'
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The entry to record the granting of credit to a customer for a sales return is posted to the accounts receivable subsidiary ledger only. the general ledger only. both the accounts receivable subsidiary ledger and the general ledger. both the accounts payable subsidiary ledger and the general ledger.
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35. An optional aid used to prepare a company's unadjusted trial balance, adjusting entries, adjusted trial balance, and financial statements is a(n): Select one: a. Adjusted trial balance. b. Worksheet. c. Post-closing trial balance. d. Unadjusted trial balance. e. General ledger.
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Which of the following accounts are used when recording a purchase using a periodic inventory system? A. cash, purchases B. accounts payable, sales C. accounts payable, accounts receivable D. cash, merchandise inventory
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