Author Question: An account number in the Posting Reference column of the general journal indicates that the account ... (Read 88 times)

clmills979 · **on:** Jul 5, 2018

An account number in the Posting Reference column of the general journal indicates that the account has been posted to the general ledger.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The direct writeoff method records bad debt expense when an account is determined to be uncollectible.
a. True
b. False

Indicate whether the statement is true or false