Listed below are several terms and phrases associated with the measurement process for external transactions. List A List B -1. Accounts a. Record of all transactions affecting a firm. ------- 2. Analyze transactions b. determine the dual effect of economic events on the accounting equation. 3. Journal c. list of accounts and their balances. ‒‒‒‒‒‒‒ 4. Post d. Used to capture the effects of transactions. 5. Trial balance e. Transfer balances from the journal to the ledger.