Question

The posting reference columns are used to trace transactions from the ledge to the journal .what will be entered in the posting reference column of 1 the journal and 2 the ledger?a. (1) the amount of the debit or credit and credit and (2) the journal page number.b. (1) the journal page number and (2) the date of the transaction.c. (1) the journal page number and (2) the account number.d. (1) the account number and (2) the journal page number.

Answer 1

(1) the account number and (2) the journal page number.

Explanation:

A posting reference column helps to establish interlinking between a journal and a ledger.

In a journal this indicates the account number to which the entry has been posted.

Whereas in a ledger, it indicates the page of the journal in which the entry can be found.

So, the correct option is : D.

(1) the account number and (2) the journal page number.