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When you post a general journal, which one of the following statements is true?
Journal lines with a posting date in the future can never have a balancing account.
The general journal lines must be visible to be included in the Post function.
Nonvisible general journal lines are posted only when they are balanced.
The general journal lines always must be balanced for each document number and document type.
To reverse a posted ledger entry, which of the following condition(s) must be met?
The Journal Batch Name field must be blank.
The journal template must have the Recurring field enabled.
Customer and Vendor ledger entries must not be applied.
The total of the G/L entries must be greater than zero.
How many standard journals can you save?
As many as you want
Eight
Twelve
One hundred
You must answer all questions before checking your work.
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