Read the following two descriptions. decide who has better financial habits and attitudes. lindsay doesn't feel that she will ever get her credit card paid off. after seeing her new bill, she tosses it aside so she doesn't have to think about it. hillary receives a few bills in the mail. she takes out a piece of paper and starts figuring out a plan to pay these bills.

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.