The Primary Ledger Containing All the Balance Sheet and Income

question 16

Multiple Choice

The primary ledger containing all the balance sheet and income statement accounts is the

• A) general ledger
• B) creditors ledger
• C) customers ledger
• D) subsidiary ledger

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Definitions:

Memory

The cognitive function that allows us to encode, store, and retrieve information from the past.

Neocortex

The part of the brain involved in higher-order brain functions such as sensory perception, cognition, generation of motor commands, spatial reasoning, and conscious thought.

Levels-Of-Processing

A theory in cognitive psychology suggesting that deeper levels of analysis produce more enduring memory.

Memory

The ability of the mind to retain and recall information.