Question

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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  • CreatedJuly 15, 2014
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