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प्रश्न
Accounting cycle ends with the ______.
विकल्प
Recording of transactions in journal
Preparing income statement
Posting entries in ledger
Preparation of balance sheet
उत्तर
Accounting cycle ends with the Preparation of balance sheet.
Explanation:
The accounting cycle ends with the preparation of financial statements, including the balance sheet. The balance sheet provides a snapshot of the company's financial position at the end of the accounting period.
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संबंधित प्रश्न
Financial position of a business is ascertained on the basis of ___________.
What are the steps involved in the process of accounting?
Ledger is also called the ______.
The accounting cycle consists of ______.
It refers to a complete sequence of accounting activities.
The first step in accounting cycle is ______.
What is accounting cycle?
Every transaction has four effects on accounting records. Give two reasons either for or against.
State four stages of Accounting cycle.
Explain the accounting cycle.
