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PRC-1 · Chapter 2 · Question 74 of 100

In a manual accounting environment, how often are the totals from the Sales Day Book typically posted to the general ledger?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: C) Periodically, such as daily, weekly, or monthly, depending on transaction volume.

Explanation

The purpose of day books is to accumulate transactions over a practical period. At the end of that chosen period (week/month), the total is transferred to the Sales account in the general ledger.

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