Question: Question 2 - Short Answer Questions (40 points) 1. Identify the basic steps in the recording process. (20 points) 2. Define double-entry system. (10 points)

Question 2 - Short Answer Questions (40 points) 1. Identify the basic steps in the recording process. (20 points) 2. Define double-entry system. (10 points) 3. Explain the Trial balance (10 points)

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Question 2 - Short Answer Questions (40 points) 1. Identify the basic steps in the recording process. (20 points) 2. Define double-entry system. (10 points) 3. Explain the Trial balance (10 points)

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