Show your understanding of the posting procedure from a cash receipts journal to the general ledger or subsidiary ledger by selecting all of the correct statements below. (Check all that apply.)
〇 Any transaction affecting the Other Account Cr. column is posted immediately to the general ledger.
〇 To be sure that total debits and credits in a columnar journal are equal, we cross-foot the column totals before posting them.
〇 The journal's account columns are totaled and these totals are posted to the general ledger (except for the Other Accounts column).
〇 Individual customer accounts are updated daily into the accounts receivable subsidiary ledger.
〇 The total of the Accounts Receivable Cr. column is posted as a credit to the Accounts Receivable account in the general ledger.