What is the last step in the journalizing process?
A)Record the transaction in the journal.
B)Post the journal entry 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.

Question

Quizplus · Accepted Answer

The last step in the journalizing process is to record the transaction in the journal after determining the accounts affected and the nature of the transaction.

What Is the Last Step in the Journalizing Process