The Chronological Record of Each Complete Transaction That Has Occurred

question 91

Multiple Choice

The chronological record of each complete transaction that has occurred is called the:

• A) Journal.
• B) Trial balance.
• C) Ledger.
• D) Account balance.
• E) Cash account.

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Definitions:

Episodic Memory

A category of long-term memory that involves the recollection of specific events, situations, and experiences.

Semantic Memory

A category of persistent memory that involves the ability to memorize words, ideas, or numbers, indispensable for the mastery and implementation of language.

General Knowledge

Broad, useful information and facts about a wide range of topics rather than detailed knowledge in a specific area.

Long-Term Memory

The phase or type of memory responsible for the storage of information over an extended period, potentially as long as a lifetime.