Question

In accounting, a check mark in the Post. Ref. column of the journal indicates that the amounts on that line are not posted individually. Is this statement true or false?

a) True
b) False

Answer 1

A check mark in the Post. Ref. column signifies that the entry has been posted to the ledger, so the statement is false.

Step-by-step explanation:

The statement “In accounting, a check mark in the Post. Ref. column of the journal indicates that the amounts on that line are not posted individually” is false. A check mark (or tick mark) in the Post. Ref. column typically signifies that the entry has been posted to the appropriate ledger accounts. Absence of such a mark would indicate that the posting process has not been completed for that entry.