The first step in the recording process is to
A)prepare financial statements.
B)analyze the transaction in terms of its effect on the accounts.
C)post to a journal.
D)prepare a trial balance.

Name: The first step in the recording process is to A)prepare financial statements. B)analyze the transaction in terms of its effect on the accounts. C)post to a journal. D)prepare a trial balance.
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Question

Quizplus · Accepted Answer

The first step in the recording process is to analyze the transaction in terms of its effect on the accounts.

The First Step in the Recording Process Is to