The Two-Column Record Used to Accumulate Increases and Decreases for Individual

question 92

Multiple Choice

The two-column record used to accumulate increases and decreases for individual assets, liabilities, equity, revenue, expense, and dividends items is a:

• A) chart of accounts.
• B) T-account.
• C) trial balance.
• D) posting.

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Definitions:

Contiguity

The concept in psychology that two events happening close together in time or space are perceived to be related.

Classical Conditioning

Classical conditioning is a learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, leading to a learned response.

CS

An acronym often used to refer to "Computer Science," a field of study focusing on the theory, design, development, and application of computer systems.

US

A synonymous term for Unconditioned Stimulus, which inherently provokes an automatic response.