Which of the following is the correct order for preparing a journal entry?
A) Identify which accounts are involved; For each account, determine if it is increased or decreased; For each account, determine by how much it has changed
B) For each account, determine if it is increased or decreased; For each account, determine by how much it has changed; Identify which accounts are involved
C) For each account, determine if it is increased or decreased; Identify which accounts are involved; For each account, determine by how much it has changed
D) Identify which accounts are involved; For each account, determine by how much it has changed; For each account, determine if it is increased or decreased
Correct Answer:
Verified
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