Which of the Following Is the Last Step of Journalising

question 76

Multiple Choice

Which of the following is the last step of journalising an entry?

• A)Determine whether each account has increased or decreased.
• B)Identify each account affected and its type.
• C)Record the transaction in the journal,including a brief explanation.
• D)Post the accounts to the ledger.

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Definitions:

Cognitive Flexibility

The mental ability to switch between thinking about two different concepts, or to think about multiple concepts simultaneously, essential for problem-solving and understanding complex concepts.

Rote Learning

A strategy for remembering by repeatedly going over the material, typically without grasping its deeper meaning.

Phonetic Learning

The process of learning how to recognize, produce, and manipulate the sounds within a language.

Kohlberg's Theory

A theory of moral development that outlines how individuals progress through different stages of moral reasoning from childhood through adulthood.