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Business, 26.02.2020 17:40 shekinahdavis8760

Why are posting references entered in the journal when entries are posted to the ledger accounts?

a. To ensure the entries balance.

b. Posting references is not done until the preparation of the formal financial statements is done.

c. So we know that the entry has been posted.

d. The postings must be approved.

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Answers: 1

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Why are posting references entered in the journal when entries are posted to the ledger accounts?
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