Compute
- $- 2 ^ { 2 }$ A) 4
B) $- 4$

question 44

Multiple Choice

Compute.
- $- 2 ^ { 2 }$

• A) 4
• B) \(- 4\)
• C) 2
• D) \(- 8\)

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Definitions:

Analyze Each Transaction

The process of closely examining financial transactions to ensure they are accurately recorded in the correct accounts.

Journal

A journal is a detailed account that records all the financial transactions of a business, to be used later for classifying and summarizing into financial statements.

Ledger Accounts

A record in accounting that is used to aggregate monetary transactions by account, monitoring debits and credits over a period.

Journal Entries

The recorded transactions in the financial books of a company, serving as the initial step in the accounting cycle.