What Is the First Step in the Journalizing Process

question 89

Multiple Choice

What is the first step in the journalizing process?

• A) Enter the transaction in the journal.
• B) Identify the transaction from source documents and other information.
• C) Determine what accounts will be affected and whether to debit or credit them.
• D) Post the transaction to the ledger.

---

Definitions:

Electroreceptors

Sensory organs found in certain animals, allowing them to detect electric fields in their environment.

Magnetic Reception

The ability of an organism to detect magnetic fields, used for navigation and orientation.

Photoreceptor Cells

Specialized cells within the retina of the eye that convert light into signals that can stimulate biological processes.

Ganglion Cells

Neurons located in the retina that process visual information and transmit it to the brain through the optic nerve.