Question:Which of the following is incorrect concerning the posting of the cash receipts journal?
A The total of the other accounting column is not posted.
B All column totals except the total for the other accounts column are posted once at the end of the month to the account title specified in the column heading.
C The totals of all columns are posted daily to the accounts specified in the column heading.
D The individual amounts in a column posted in total to a control account are posted daily to the subsidiary ledger account specified in the account credited column.
+ AnswerC
+ Report