Posting

question 79

Multiple Choice

Posting

• A)Accumulates the effects of ledger entries and transfers them to the general journal.
• B)Is done only for income statement activity; activity related to the statement of financial position does not require posting.
• C)is done at least once per year.
• D)Is done by posting all the debits and credits of one entry before moving on to the next entry.

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Definitions:

Ozone Depletion

The reduction of the ozone layer in the Earth’s stratosphere, which protects life from harmful ultraviolet radiation.

Eye Cataracts

A common eye condition characterized by the clouding of the lens inside the eye, leading to decreased vision and potentially blindness if untreated.

Aquatic Species

Organisms that live in water environments, including both freshwater and marine species.

Melanoma-Causing Effects

The potential consequences of exposure to certain substances or radiation that can increase the risk of developing melanoma, a serious form of skin cancer.