Question: What is the first step when preparing a journal entry? Select an answer: Make sure the debits and credits are equal. List the account being

What is the first step when preparing a journal entry? Select

What is the first step when preparing a journal entry? Select an answer: Make sure the debits and credits are equal. List the account being credited before listing any debits. Identify the account that is involved. Determine whether the account has increased or decreased

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