These numbers are important because they verify that the information in that journal column has been posted to the corresponding ledger account.
the plural of total is totals. As in "we will work out the totals soon".
The pin totals. Adding them, and calculating all the totals.
You add the numbers together and divide by the number of numbers. So, 2+4+6+8 totals 20. Divided by four gives you five.
Let the numbers be x and y If: x+2y = 3 and 2x+y = 27 Then the simultaneous equations work out as: x = 17 and y = -7
Nope. With any number, to check if it's divisible by 9, add all the digits together. If the result can be divided by 9, then the original can be too. In this case, 5+7+6+8 totals 26 - not divisible by 9.
These numbers are important because they verify that the information in that journal column has been posted to the corresponding ledger account.
These numbers are important because they verify that the information in that journal column has been posted to the corresponding ledger account.
In a journal, typically, the column totals for the debits and credits are posted to the respective accounts in the general ledger. This includes the totals for specific accounts such as cash, accounts receivable, accounts payable, and other relevant categories. The individual entries may also be posted based on the nature of the transaction, but the column totals provide a summarized amount for easier tracking and reporting.
The numbers under the column "totals" in journals are important because they help in calculating the overall sum or total for the transactions recorded in that particular journal. This total acts as a quick reference for the total debit and credit amounts in the journal, ensuring that the journal entries are balanced and accurate.
false
accounts payable
The double lines under the column totals in a journal indicate the final sums of each column, signifying the end of a specific accounting period or transaction set. This formatting helps to clearly distinguish between regular entries and the summarized totals, ensuring clarity in financial reporting. It serves as a visual cue for accountants to easily identify the totals that will be carried forward to the next stage of the accounting process.
At the end of the month, the total for the accounts receivable column in the sales journal reflects the total amount of credit sales made during that period. This amount represents the revenue earned but not yet collected in cash. The total for the sales column indicates the overall sales made, including both cash and credit sales. Together, these totals help assess the company's sales performance and outstanding receivables.
This question is not clear. In Excel, you can get the total of a column by highlighting the numbers you want to add and clicking the auto-sum button. Or you can use the SUM function at the bottom of the column. If your number are in A1 through A23, in A24 enter the formula =SUM(A1:A23).
income statement credit column and the balance sheet debit column
6
Yes. Conditional distribution applies to fractions of rows/columns. Marginal distribution applies to the totals for each row/column