What Is the Last Step in the Journalizing Process

question 102

Multiple Choice

What is the last step in the journalizing process?

• A)Record the transaction in the journal.
• B)Post the journal entry to the ledger.
• C)Determine whether each account is increased or decreased by the transaction.
• D)Specify each account affected by the transaction and classify each account by type.

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Definitions:

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