Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 22 - No. 14)
What is the final stage in the process of accounting after transactions have been entered into the books of prime entry?
Preparing the financial statements.
Posting the information to the ledgers.
Analysing the company financial performance.
Preparing a trial balance.
Explanation
Posting information to the ledgers is the step immediately after recording transactions in the books of prime entry.
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