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:

Pleasing Disposition

A temperament or personality that is generally agreeable and pleasant to interact with.

Dependable Character

A quality of being reliable and trustworthy, showing consistency in actions and behavior over time.

Socially Outgoing

Characteristic of a person who is open, friendly, and inclined towards social interaction.

Emotional Stability

A psychological term referring to a person's ability to remain stable and balanced in their emotional state, especially in difficult situations.