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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