Angelina has a small business in the u. s. in which she produces one-of-a-kind jewelry using semi-precious gemstone beads. she purchases a supply of gemstone beads from a company in belgium, and sells several necklaces to a buyer in canada. the beads are ; the necklaces are

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.