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Which first step in recording a transaction in journal is to

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Problem 1: Which of the following combinations of trial balance totals suggest the presence of either a transposition error or a number slide?

Option 1: P65,470 debit and P68,170 credit
Option 2: P33,220 debit and P35,420 credit
Option 3: P25,670 debit and P26,670 credit
Option 4: P14,517 debit and P15,477 credit

Problem 2: The first step in recording a transaction in a journal is to

Option 1: record the debit.
Option 2: record the date.
Option 3: record the credit.
Option 4: explanation

Problem 3: Which of the following accounts is classified differently from the others listed?

Option 1: Notes Payable
Option 2: Unearned Revenues
Option 3: Mortgage Payable
Option 4: Art Revenues

Reference no: EM132782430

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