Multiple Choice
Which of the following is not a step in the accounting process?
A) Verify that revenues and expenses are equal
B) Analyzing each transaction
C) Record relevant transactions and events in a journal
D) Post journal information to the ledger accounts
E) Prepare and analyze the trial balance
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Debit means increase and credit means decrease
Q4: Figgaro Company's accounts and their balances,
Q5: The right side of a T-account is
Q6: A transaction that credits an asset account
Q7: A column in journals and ledger accounts
Q9: A business's general journal provides a place
Q10: For each of the following (1)
Q11: The journal is known as a book
Q12: In a double-entry accounting system, the total
Q13: The_ is found by determining the difference