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tmwinte
Nov 21, 2006, 07:44 AM
Why are the debit and credit entries in the adjustments columns of the work shhet identified with letters?

CaptainForest
Nov 21, 2006, 03:35 PM
What do you mean?

everettcc
Oct 21, 2012, 11:31 PM
Each Debit and Credit Adjustments entry is identified by a letter in parenthesis that links it to an adjusting entry recorded or explained earlier in the Trial Balance.

pready
Oct 22, 2012, 08:38 AM
Debits are known as Dr and Credits are known as Cr.

paraclete
Oct 22, 2012, 01:28 PM
There has to be some sort of reference system when journals are posted to ledgers