The usual sequence of steps in the recording process is which of the following?
ID: 2345439 • Letter: T
Question
The usual sequence of steps in the recording process is which of the following?a)analyze each transaction, enter the transaction in the journal, and transfer the information to the ledger accounts
b)analyze each transaction, enter the transaction in the ledger, and transfer the information to the journal
c)analyze each transaction, enter the transaction in the book of accounts, and transfer the information to the journal
d)analyze each transaction, enter the transaction in the book of original entry, and transfer the information to the jou
Explanation / Answer
The usual sequence of steps in the recording process is which of the following?
a)analyze each transaction, enter the transaction in the journal, and transfer the information to the ledger accounts
b)analyze each transaction, enter the transaction in the ledger, and transfer the information to the journal
c)analyze each transaction, enter the transaction in the book of accounts, and transfer the information to the journal
d)analyze each transaction, enter the transaction in the book of original entry, and transfer the information to the jou
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