Business Studies, asked by drWHo8670, 4 months ago

Discuss the stages of accounting process?

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Answered by Anonymous
2

Answer:

The steps are :-

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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