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what is the process of initially recording a business transaction called?
The process of initially recording a business transaction is called journalizing.
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Asked 9/24/2011 9:13:54 PM
Updated 3/22/2014 11:47:39 PM
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The process of initially recording a business transaction is called journalizing.
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Added 3/22/2014 11:47:39 PM
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A credit signifies a decrease in drawing.

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The debit side of an account is the left side of the account.
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The process of initially recording a business transaction is called journalizing.
Added 6/19/2016 7:12:29 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [6/19/2016 7:19:40 AM]
A credit may signify a. A. decrease in assets B. decrease in liabilities C. decrease in capital D. decrease in revenue
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