The Chronological Record of Each Complete Transaction That Has Occurred

question 123

Multiple Choice

The chronological record of each complete transaction that has occurred is called the:

• A)Account balance.
• B)Ledger.
• C)Journal.
• D)Trial balance.
• E)Cash account.

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Definitions:

Validity

refers to the extent to which a concept, conclusion, or measurement is well-founded and likely corresponds accurately to the real world.

Assumptions And Conclusions

Preliminary ideas accepted without proof as a basis for reasoning, leading to final judgments or decisions.

Effective Messages

Communications that achieve their intended purpose, whether to inform, persuade, instruct, or entertain, in a clear and impactful manner.

Ethical Messages

Communication that aligns with moral principles and values, intended to be honest and fair.