The usual sequence of steps in the transaction recording process is
A) journal $\rightarrow$ analyze $\rightarrow$ ledger.
B) analyze $\rightarrow$journal $\rightarrow$ ledger.
C) journal $\rightarrow$ledger $\rightarrow$analyze.
D) ledger $\rightarrow$ journal $\rightarrow$ analyze.

Question

Quizplus · Accepted Answer

The correct sequence for recording transactions in accounting is to first analyze the transaction, then record it in the journal, and finally post it to the ledger.

The Usual Sequence of Steps in the Transaction Recording Process →\rightarrow→

The Usual Sequence of Steps in the Transaction Recording Process $\rightarrow$