Social Sciences, asked by sanjaykrishna58, 10 months ago

accounts are prepared in many organisation and what are the procedure​

Answers

Answered by Anonymous
3

Explanation:

The 8 Steps of the Accounting Cycle

Step 1: Identify Transactions. ...

Step 2: Record Transactions in a Journal. ...

Step 3: Posting. ...

Step 4: Unadjusted Trial Balance. ...

Step 5: Worksheet. ...

Step 6: Adjusting Journal Entries. ...

Step 7: Financial Statements. ...

Step 8: Closing the Books.

Answered by lovepawan09
1

Explanation:

The 8 Steps of the Accounting Cycle

  • Step 1: Identify Transactions. ...

  • Step 2: Record Transactions in a Journal. ...

  • Step 3: Posting. ...

  • Step 4: Unadjusted Trial Balance. ...

  • Step 5: Worksheet. ...

  • Step 6: Adjusting Journal Entries. ...

  • Step 7: Financial Statements. ...

  • Step 8: Closing the Books.

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