Below Are the Steps in the Measurement Process of External

question 70

Essay

Below are the steps in the measurement process of external transactions.Arrange them from first (1)to last (6).
_____ (a)Post the transaction to the T-accounts in the general ledger.
_____ (b)Assess whether the impact of the transaction results in a debit or credit to the account balance.
_____ (c)Use source documents to identify accounts affected by external transactions.
_____ (d)Analyze the impact of the transaction on the accounting equation.
_____ (e)Prepare a trial balance.
_____ (f)Record transactions using debits and credits.

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