Posting from the Journal to the Ledger Does NOT Involve

question 8

Multiple Choice

Posting from the journal to the ledger does NOT involve which of the following steps?

• A) Enter the date of each transaction in the accounts.
• B) Enter the amount of each transaction in the accounts.
• C) Enter the page of the journal from which each transaction is posted in the accounts.
• D) Enter the description of the entry.

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Definitions:

Fluid Intelligence

The ability to think abstractly, reason, identify patterns, and solve new problems without relying on previous knowledge.

Puzzles

Problems or enigmas that require ingenuity and often persistence to solve, typically for entertainment.

Crystallized G

Crystallized intelligence, a form of intelligence that involves the ability to use skills, knowledge, and experience to solve problems and adapt to new situations.

Fluid G

Referred to as fluid intelligence, it is the capacity to think logically and solve problems in novel situations, independent of acquired knowledge.