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Correctly identify steps 3 and 4 of the accounting process: multiple choice Step 3: post entries into the ledger; Step 4: identify transactions and source documents. Step 3: record transactions into the journal; Step 4: post entries into the ledger. Step 3: analyze transactions using the accounting equation; Step 4: post entries into the ledger. Step 3: record transactions into the journal; Step 4: analyze transactions using the accounting equation.

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Answer: Step 3: record transactions into the journal; Step 4: post entries into the ledger.

Explanation:

After we identify and analyze a transaction so that we know what accounts and journal it is to go to, we record the transaction in the relevant journal in the third step of the accounting process.

We then take those transactions and post it to the relevant ledger which shows all the transactions related to a certain account. These ledgers are called the "books of final entry" and it is from them that we are able to draw up the unadjusted trial balance.

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