The Informal Listing of the Ledger Accounts and Their Balances

question 79

Multiple Choice

The informal listing of the ledger accounts and their balances in the ledger to aid in proving the equality of debits and credits is the:

• A) journal.
• B) balance sheet.
• C) income statement.
• D) trial balance.

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Definitions:

Blank Slate

A metaphorical term referring to the mind in its presumed original state unaffected by outside influences.

Accommodation

In cognitive psychology, the process of modifying existing mental frameworks to incorporate new information.

Incorporating New Experiences

The process of integrating new and novel stimuli or events into one's existing cognitive structures or knowledge base.

Current Schemas

Cognitive frameworks or structures that help individuals organize and interpret information based on current knowledge.