Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 19 - No. 1)
What is the correct order in the accounting cycle related to books of prime entry?
General Ledger -> Books of Prime Entry -> Ledger Accounts
Books of Prime Entry -> Ledger Accounts -> General Ledger
Ledger Accounts -> Books of Prime Entry -> General Ledger
Books of Prime Entry -> General Ledger -> Ledger Accounts
Explanation
The order goes from initial recording (books of prime entry) to summarizing in the ledger accounts.
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