A Place or Location Within an Accounting System in Which

question 100

Multiple Choice

A place or location within an accounting system in which the increases and decreases in a specific asset, liability, or equity item is recorded and stored is called a(n)

• A) journal
• B) ledge
• C) trial balance
• D) account
• E) chart of accounts

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Definitions:

Context

The circumstances or setting surrounding an event, statement, or idea which gives it additional meaning.

Audience

A group of spectators or listeners, especially those gathered to watch, listen to, or read something.

Leptin

A hormone that, when released into the bloodstream, signals the hypothalamus that the body has had enough food and reduces the appetite while increasing the feeling of being full.

Incentive Approaches

Theories of motivation in which behavior is explained as a response to the external stimulus and its rewarding properties.