The First Required Step in the Accounting Cycle Is

question 98

Multiple Choice

The first required step in the accounting cycle is

• A) reversing entries.
• B) journalizing transactions in the book of original entry.
• C) analyzing transactions.
• D) posting transactions.

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Definitions:

Somatosensory Cortex

A region of the brain that processes sensory input from various parts of the body.

Sensory Receptors

Specialized cells in the body that detect changes in the environment and stimulate neurons to send signals to the brain.

Olfactory Cortex

The region of the brain responsible for processing smell, located within the temporal lobe and key to the sense of smell.

Prefrontal Cortex

The part of the brain located at the front of the frontal lobes, associated with decision making, complex thought processes, and moderating social behavior.