alphabetical order . dollar amount order . chronological order . account number order . Multiple Choice Question 70
In the first month of operations , the total of the debit entries to the cash account amounted to $ 900 and the total of the credit entries to the cash account amounted to $ 600 . The cash account has a ( n )
$ 300 credit balance . $ 900 debit balance . $ 600 credit balance . $ 300 debit balance . Multiple Choice Question 61 Which of the following statements is true ? Credits decrease assets and decrease liabilities . Debits increase assets and increase liabilities . Credits decrease assets and increase liabilities . Debits decrease liabilities and decrease assets Multiple Choice Question 95
The final step in the recording process is to transfer the journal information to the
trial balance .