Posting Transactions to T-Accounts Involve

question 152

Multiple Choice

Posting transactions to T-accounts involve:

• A)Analyzing source documents to determine the effects of transactions on the company's accounts.
• B)Listing all accounts and their balances at a particular date to ensure that debits equal credits.
• C)Preparing a chronological record of all transactions affecting the company.
• D)Transferring debit and credit information from the journal to the accounts in the general ledger.

---

Definitions:

Vocabulary Explosion

A rapid increase in the number of words a child learns and uses, commonly observed between the ages of two and three.

Naming

The act or process of providing a name to a person, place, thing, or concept.

Cognitive

Relating to mental processes involved in knowledge, understanding, learning, and decision-making.

Object

A material thing that can be seen and touched.