Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 2 - No. 9)
Which of the following is the correct order of the accounting cycle?
a) Journalize, post, prepare a trial balance, prepare financial statements.
b) Prepare financial statements, journalize, post, prepare a trial balance.
c) Post, journalize, prepare a trial balance, prepare financial statements.
d) Journalize, prepare a trial balance, post, prepare financial statements.
Explanation
Journalize, post, prepare a trial balance, prepare financial statements.
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