The Posting Reference Column in the General Journal Is Used

question 132

Multiple Choice

The posting reference column in the general journal is used to:

• A)indicate if the account is an asset, a liability, or an owner equity.
• B)provide space for the bookkeeper to initial the transaction.
• C)record the page number of the general journal.
• D)record the account number of the general ledger account.

Understand the practical application of language in different contexts (pragmatics).

Recognize the brain regions associated with language production and comprehension.

Understand the distinction between surface structure and deep structure in language.

Learn about the process of speech segmentation and its cognitive basis.

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Definitions:

Fiscal Policy

Government policies regarding taxation and spending that are employed to influence economic conditions, including stimulating or restraining economic growth.

Multiplier

An economic factor that quantifies the additional effect on income or output resulting from an injection of spending.

Deflationary Gap

A situation in economics where actual production is lower than the potential output level, often resulting in unemployment and unused productive capacity.

Equilibrium GDP

The level of Gross Domestic Product where aggregate supply equals aggregate demand in an economy.