The Second Step in Recording a Transaction in the General

question 77

Multiple Choice

The second step in recording a transaction in the general journal is to record the:

• A)explanation of the entry.
• B)account(s)to be credited and the amount(s).
• C)date of the entry.
• D)account(s)to be debited and the amount(s).

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Definitions:

Security

Measures and protocols implemented to protect systems, networks, data, and information from unauthorized access, attacks, or damage.

Digital Dossiers

Collections of data about individuals, often compiling personal, financial, and social information.

Customer Intimacy

A business strategy focusing on creating strong relationships with customers by deeply understanding and anticipating their needs and preferences.

Electronic Surveillance

Tracking people’s activities with the aid of computers.