Which of the Following Depicts the Proper Sequence of Steps

question 84

Multiple Choice

Which of the following depicts the proper sequence of steps in the accounting cycle?

• A) Journalize the transactions analyze business transactions prepare a trial balance
• B) Prepare a trial balance prepare financial statements prepare adjusting entries
• C) Prepare a trial balance prepare adjusting entries prepare financial statements
• D) Prepare a trial balance post to ledger accounts post adjusting entries

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Definitions:

Sensory Memory

The memory system that holds information from the senses for a period ranging from only a fraction of a second to about 2 seconds.

Visual Images

Mental representations of physical objects or scenes that are not currently being viewed.

Encoding

The process of transforming information into a form that can be stored in memory.

Sensory Memory

The shortest-term element of memory, it is the ability to retain impressions of sensory information after the original stimuli have ended.