Multiple choice

The steps in the journalizing process include all of the following EXCEPT

  1. enter the balance.

  2. enter the debit.

  3. enter the date.

  4. enter the credit.
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A Correct answer
Explanation

Journalizing involves recording the date, the accounts to be debited and credited, and the amounts. Entering the balance is a step performed in the ledger, not the journal.

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