Which of the following is the correct sequence of steps in the recording process?

Question

Quizplus · Accepted Answer

The correct sequence of steps in the recording process is Analyzing, journalizing, posting. Analyzing involves identifying and examining transactions and events to determine their effect on the financial statements. Journalizing involves recording the transactions and events in a journal, and posting involves transferring the recorded amounts to the appropriate accounts in the general ledger. Therefore, option D is the correct sequence of steps.

Which of the Following Is the Correct Sequence of Steps