The Ordering of Accounts in a Trial Balance Typically Follows

question 223

True/False

The ordering of accounts in a trial balance typically follows their identification number from the chart of accounts,that is,assets first,then liabilities,then common stock and dividends,followed by revenues and expenses.

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Definitions:

Masking Stimulus

A stimulus used to interfere with the perception of another stimulus, often used in research to study attention and perception processes.

Stationary Object

An object that is not in motion; remaining in the same place relative to its surroundings.

Just Noticeable Difference

The minimum difference in stimulation that a person can detect 50% of the time, also called the difference threshold.

Ounce

A unit of weight in the avoirdupois system, equivalent to 1/16th of a pound or approximately 28.35 grams.