A General Journal Is

question 163

Multiple Choice

A general journal is:

• A)A ledger in which amounts are posted from a balance column account.
• B)Not required if T-accounts are used.
• C)A complete record of each transaction in the place from which transaction amounts are posted to the ledger accounts.
• D)Not necessary in electronic accounting systems.
• E)A book of final entry because financial statements are prepared from it.

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Definitions:

Inattentional Blindness

The psychological phenomenon where an individual fails to perceive an unexpected stimulus in plain sight due to the focus of attention elsewhere.

Task Difficulty

The level of challenge presented by a task, which can affect performance and engagement.

Attention

the act or state of applying the mind to something; the ability to closely and carefully listen, watch, or consider something or someone.

Automatic Processing

The performance of a task with little or no conscious thought, often as a result of repeated practice and learning.