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Which of the following is the order of steps to journalize an entry? A. Identify the accounts and the account type rightarrow Record the transaction

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Which of the following is the order of steps to journalize an entry? A. Identify the accounts and the account type rightarrow Record the transaction rightarrow Decide whether each account increases or decreases, then apply the rules of debits and credits B. Identify the accounts and the accounts type rightarrow Decide whether each account increase or decreases, then apply the rules of debits and credits rightarrow Record the transaction C. Record the transaction rightarrow Identify the accounts and the account type rightarrow Decide whether each account increase or decrease, then apply the rules of debits and credits D. Decide whether each account increases or decreases, then apply the rules of debits and credits rightarrow Identify the accounts and the account type rightarrow Record the transaction This section consists of two computational questions. Provide your answers to the questions in this section on the next two pages. Kenneth Watson Optical Dispensary, Inc. Completed the following transactions during the latter part of March, 2016: Mar 15 Purchased office supplies on account, $2, 600. 28 Paid $1, 300 on account. You are required to: a. Journalize the transactions that occurred during the latter part of March, 2016

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