Multiple Choice
The first step of journalizing an entry is to:
A) post the accounts to the ledger.
B) identify each account affected and its type.
C) determine whether each account is increased or decreased.
D) record the transaction in the journal, including a brief explanation.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: Which of the following is the detailed
Q3: ABC Services reported the following transactions for
Q4: Thermo HVAC is a heating and
Q5: For Expenses,the category of account and its
Q6: A business makes a cash payment of
Q7: A business makes a cash payment for
Q8: At the end of a month,a
Q9: Which of the following is a method
Q10: The following are the ending month's
Q11: For Cash,the category of account and its