17/ The proper sequence used in recording a business transaction is:

A.

analyze, post, journalize, post the account balance, and complete the reference column in the journal.

B.

analyze, journalize, post, record the account balance, and complete the reference column in the journal.

C.

journalize, analyze, post, post the account balance, and complete the reference column in the journal.

D.

analyze, journalize, post, complete the reference column in the journal, and record the account balance.

18/The Accounts Receivable account is increased by a credit.

True

False

22/

To distinguish the total on a financial statement, use single underline.

True

False