The Proper Sequence Used in Recording a Business Transaction Is

question 21

Multiple Choice

The proper sequence used in recording a business transaction is:

• A) analyze, post, journalize, post the account balance, and complete the reference column in the journal.
• B) analyze, journalize, post, record the account balance, and complete the reference column in the journal.
• C) analyze, journalize, post, complete the reference column in the journal, and record the account balance.
• D) journalize, analyze, post, post the account balance, and complete the reference column in the journal.

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Definitions:

Meaningful

Having significance, purpose, or value that is important to an individual or group.

Iconic Memory

A form of sensory memory that temporarily stores visual information, representing items or events with picture-like accuracy.

Sperling's Experiment

A psychological study by George Sperling that showed the existence of a brief sensory memory, using a grid of letters and a tone cue for recall.

Sensory Registers

The initial processing centers in the sensory system where sensory information is received and held briefly before it is processed further.