Week 2 DiscussionCOLLAPSE C1. Explain the steps in processing transactions

 Week 2 DiscussionCOLLAPSE

C1. Explain the steps in processing transactions and the role of source documents.

C2. Describe an account and its use in recording transactions.

C3. Describe a ledger and a chart of accounts.

C4. Define debits and credits and explain their role in double-entry accounting.