What is the last step in the journalizing process?
A) Record the transaction in the journal.
B) Post the transaction to the ledger.
C) Determine whether each account is increased or decreased by the transaction.
D) Specify each account affected by the transaction and classify each account by type.
Correct Answer:
Verified
Q83: The left side of a T-account is
Q100: Which of the following statements, regarding the
Q104: Posting is:
A)copying the information from the journal
Q108: Which of the following transactions includes a
Q108: The process of copying the information from
Q112: Entries are listed in the journal:
A)alphabetically.
B)chronologically.
C)with income
Q114: Posting accounting transactions avoids the necessity of
Q118: The proper order for the accounting process
Q119: In order to determine the balance in
Q120: Accounting transactions are initially recorded in the:
A)T-account.
B)ledger.
C)journal.
D)financial
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