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Below are the steps in the measurement process of external transactions. Rank them from first (1) to last (6) by choosing the appropriate numbers in

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Below are the steps in the measurement process of external transactions. Rank them from first (1) to last (6) by choosing the appropriate numbers in the drop down box a Post the transaction to the T-accounts in the general ledger b. Assess whether the impact of the transaction results in a debitor credit to account balance c. Use source documents to identify accounts affected by an external transaction d. Analyze the impact of the transaction on the accounting equation Prepare a trial balance Record transaction using debits and credits nces Using the notion that the accounting equation (Assets = Liabilities each of the following transactions is possible. Stockholders' Equity must remain in balance, indicate whether Transactions Yes/No ints a Cash increases, Accounts Payable decreases b. Service Revenue increases, Salaries Payable increases c Advertising Expense increases, Cash decreases eBook Print

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