Asmall italian grocery store sells five varieties of feta cheese. it offers bulgarian, french, danish, greek, and one that is processed and sold from tillamook, oregon. the domestic variety sells for $1.99/pound, while all the others sell for more than $2.99/pound, and the greek variety is priced at $6.99/pound. the domestic variety is much cheaper because:

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.