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Award: 5 . 0 0 points Exercise 2 - 1 ( Static ) Identify terms associated with the measurement process ( LO 2 - 1
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Exercise Static Identify terms associated with the measurement process LO
Listed below are several terms and phrases associated with the measurement process for external transactions.
Required:
Select the term which is most appropriately associated with the description listed.
tableDescriptions Record of all transactions affecting a company., Determine the dual effect of business events on the accounting equation., List of accounts and their balances., Summary of the effects of all transactions related to a particular item over a period of time., Transfer balances from the journal to the general ledger.,
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Difficulty: Easy
Exercise Static
Learning Objective: Identify terms associated with the Identify the basic steps in measuring external measurement transactions. process LO
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