Which of the Following Is the Order of Steps to Journalize

question 138

Multiple Choice

Which of the following is the order of steps to journalize an entry?

• A) Identify each account affected, determine increase or decrease in each account, record the transaction.
• B) Identify each account affected, record the transaction, determine increase or decrease in each account.
• C) Record the transaction, identify each account affected, determine increase or decrease in each account.
• D) Determine increase or decrease in each account, identify each account affected, record the transaction.

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Definitions:

Environmental Dangerous

Refers to situations or conditions that pose a threat to ecological balance or public health.

Toxic Dumps

Sites where hazardous waste is disposed of, often illegally, posing significant environmental and health risks.

Tornado Disasters

Severe weather events characterized by rapidly rotating columns of air that cause significant damage and loss of life.

Trailer Parks

A residential area where mobile homes are placed and inhabited, often characterized by lower rental or ownership costs.