Answer:
A
Explanation:
The usual sequence of steps in the recording process is to analyze each transaction, enter the transaction in the journal, and transfer the information to the ledger accounts.
Answer:
The correct answer is letter "A": analyze each transaction, enter the transaction in the journal, and transfer the information to the ledger accounts.
Explanation:
In Accounting, the recording of the transactions involves the activity in which companies record the operations of the business so they can be studied at the end of a certain period to find out if the organization is fulfilling its financial goals and if there are adjustments that must be made. The record-keeping of every the company's transactions follow this route:
1) Analyze transactions and source documents
2) Record the transactions in the General Journal
3) Post information to the Ledger
4) Prepare the Trial Balance
5) Prepare the Financial Statements
