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SIX(6 marks) Listed below are several terms and phrases associated with the measurement process for external transactions. List A 1.Accounts 2.Analyze transactions 3.Journal 4. Post
SIX(6 marks) Listed below are several terms and phrases associated with the measurement process for external transactions. List A 1.Accounts 2.Analyze transactions 3.Journal 4. Post 5.Trial balance List B a. Record of all transactions affecting a firm. b. determine the dual effect of economic events on the accounting equation. c. list of accounts and their balances. d. Used to capture the effects of transactions. e. Transfer balances from the journal to the ledger
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