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प्रश्न
The accounting cycle consists of ______.
विकल्प
Journal
Ledger
Trial balance
All of these
उत्तर
The accounting cycle consists of a Journal, Ledger and Trial balance.
Explanation:
The accounting cycle consists of several steps, including recording transactions in the journal, posting those transactions to the ledger, and preparing the trial balance to ensure that debits and credits are balanced. Each of these steps is an essential part of the accounting process.
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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 ______.
It refers to a complete sequence of accounting activities.
The first step in accounting cycle is ______.
Accounting cycle ends with the ______.
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.
