A Record in Which the Effects of Transactions Are First

question 91

Multiple Choice

A record in which the effects of transactions are first recorded and from which transaction amounts are posted to the ledger is a(n) :

• A) Account.
• B) Trial balance.
• C) Journal.
• D) T-account.
• E) Balance column account.

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Definitions:

Project Termination

The formal conclusion of a project, either because it has been completed, halted, or deemed no longer viable.

Creative Process

A series of steps or stages involved in generating innovative ideas or solutions, often including preparation, incubation, illumination, and verification.

Incubation

The process in problem-solving where an individual sets the problem aside for a while, allowing the subconscious to work on it.

Verification

The process of confirming the truth, accuracy, or validity of something, often involving the examination of evidence or conducting tests.