Put the Following Statements in the Correct Order Based on the Steps

question 8

Essay

Put the following statements in the correct order based on the steps in the accounting cycle.
A. Assemble AIS outputs.
B. Debit cash and credit sales.
C. Determine the correct way to enter a transaction in the AIS.
D. Examine a bank statement to determine the amount of a bank service charge.
E. Make entries that account for timing differences between cash flows and accrual basis revenue and expense.
F. Prepare the AIS for a new fiscal year.
G. Reorganize AIS information from chronological to account-based.
H. Verify, for the first time, the equality of debits and credits in the ledger.
I. Verify, for the second time, the equality of debits and credits in the ledger.j. Verify, for the third time, the equality of debits and credits in the ledger.

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Definitions:

Lexical Decision Task

An experimental procedure where participants classify stimuli as words or non-words, used to investigate cognitive processes related to language.

Perceptual Masking Task

A technique in cognitive psychology used to investigate the limitations of sensory processing by presenting one visual stimulus immediately after another, influencing the perception of the first.

Dichotic Listening Task

A task in which a person hears two or more different, specially recorded messages over earphones and is asked to attend to one of them.

Stroop Task

A task invented by J. R. Stroop in which a participant sees a list of words (color terms) printed in an ink color that differs from the word named (e.g., green printed in blue ink). The participant is asked to name the ink colors of the words in the list and demonstrates great difficulty in doing so relative to a condition in which non-color words form the stimuli.