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).

---

Definitions:

Human Value

The importance or worth attributed to individuals or humanity, often based on principles such as dignity, rights, and respect.

Dyadic Relationships

Interactions or connections between two entities, often characterized by reciprocal influence or communication.

In- and Out-group Process

The psychological dynamic that differentiates between members within a group (in-group) and those outside it (out-group), often leading to biases in favor of one's own group.

Organizational Commitment

The level of loyalty and dedication an individual has towards their organization, often reflected in their willingness to invest effort and maintain membership.