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The debits and credits from the journal entries are posted to the general ledger accounts only for:

Multiple Choice
a. closing entries.
b. transactions occurring during the reporting period.
c. all journal entries.
e. adjusting entries and closing entries.

User Nfvp
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1 Answer

5 votes

Final answer:

The debits and credits from journal entries are posted to the general ledger accounts for all journal entries, which encompasses transactions during the reporting period and any adjusting or closing entries made.

Step-by-step explanation:

The question revolves around the practice of posting journal entries to the general ledger accounts. When you post debits and credits from journal entries, it's done for all journal entries, not just specific types.

This includes transactions that occur during the reporting period, along with any adjusting entries or closing entries made. Therefore, the correct answer is option c. all journal entries.

User Dave Swersky
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