Examlex
Cognitive learning is best described by all of the following EXCEPT:
Adjusting Entries
Ledger postings concluded during the final phase of an accounting cycle to assign income and costs to their respective periods of occurrence.
Closing Entries
Journal entries made at the end of an accounting period to transfer balances from temporary accounts to permanent accounts.
Adjusted Trial Balance
A compilation of all accounts along with their balances, post-adjustment entries, employed during the creation of financial reports.
Closing Entries
Journal entries made at the end of an accounting period to transfer temporary accounts to permanent accounts and prepare the company's books for the next period.
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