11) The posting reference column of the general journal provides a cross-reference between the:
A) ledger and accounts.
B) journal and ledger.
C) ledger and financial statements.
D) journal and financial statements.
E) ledger and customers.
12) Every entry in the general journal should include all of the following EXCEPT:
A) the title of each account affected.
B) the amounts of debits and credits.
C) a brief description of the transaction.
D) the balance of the accounts affected.
E) debits and credits.
13) The general ledger is arranged in the __________order of the chart of accounts.
14) The __________ indicates where the information originated and to where the information was transferred.
15) The __________ keeps a running balance of an individual account.
16) Jill invested $25,000 in her business, Fashion, Unlimited. The journal entry would include a __________.
17) Office equipment was purchased for $2,400 on account to Business Furniture Company. The journal entry would include a __________.
18) Salary expenses of $675 were paid in cash. The journal entry would include a __________.
19) ABC Corporation collected $600 from one of its customers for payment on their account. The journal entry would include a __________.
20) ABC Corporation purchases a building for $35,000 cash. The journal entry would include a __________.