Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 44 - No. 8)
What is the process that follows the initial recording of business transactions in the books of prime entry?
Preparing a trial balance.
Preparing the general ledger.
Posting to the ledger accounts.
Creating the company's annual report.
Explanation
Transactions are posted to the ledger accounts after being entered in the books of prime entry.
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