Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 21 - No. 5)
What is the process that follows the recording of transactions in the general journal?
Preparing a trial balance.
Posting entries to the ledger accounts.
Creating the balance sheet.
Producing the income statement.
Explanation
The next step after recording transactions in the general journal is to post them to the ledger accounts.
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