When Two Accounts Are Required in One Journal Entry the Entry

question 5

Multiple Choice

When two accounts are required in one journal entry the entry is referred to as a

• A) balanced entry.
• B) simple entry.
• C) posting.
• D) nominal entry.

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Definitions:

Short-Term Memory

The capacity for holding a small amount of information in mind in an active, readily available state for a short period of time.

Visual Sensory Store

Part of the memory system that holds visual information for a very short period, allowing for initial processing.

Semantic Memory

A type of long-term memory involving the capacity to recall words, concepts, or numbers, which is essential for the use and understanding of language.

Short Term Memory Store

A component of memory where small amounts of information can be kept for a short period of time.