What Is the Correct Order in Which the Steps for Analysing

Multiple Choice

What is the correct order in which the steps for analysing transactions are carried out?
I Decide what accounts are affected.
Ii Decide if the account type is increasing or decreasing.
Iii Apply the rules of debit and credit.
Iv Decide on the account type.

A) i, ii, iii, iv
B) iv, ii, i, iii
C) i, iv, ii, iii
D) i, ii, iv, iii