Multiple Choice
Which of the following is the order of steps to journalize an entry?
A) Identify each account affected, determine increase or decrease in each account, record the transaction.
B) Identify each account affected, record the transaction, determine increase or decrease in each account.
C) Record the transaction, identify each account affected, determine increase or decrease in each account.
D) Determine increase or decrease in each account, identify each account affected, record the transaction.
Correct Answer:
Verified
Correct Answer:
Verified
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