A Business's Record of the Increases and Decreases in a Specific

question 121

Multiple Choice

A business's record of the increases and decreases in a specific asset,liability,equity,revenue,or expense is known as a(n) :

• A)Journal.
• B)Posting.
• C)Trial balance.
• D)Account.
• E)Chart of accounts.

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Definitions:

Repression

A defense mechanism in psychoanalytic theory where unacceptable or unpleasant thoughts and memories are unconsciously excluded from awareness.

Denial

A psychological defense mechanism where an individual refuses to accept reality or facts, thereby avoiding dealing with painful feelings.

Unconscious Impulses

Desires or thoughts that reside outside of conscious awareness, influencing behavior and decision-making.

Consciousness

Consciousness refers to the quality or state of being aware of an external object or something within oneself.