Accountancy, asked by riyarajivchauhan16, 7 months ago

Name the staps followed in accoun
ting
process ?​

Answers

Answered by sharbapalodhi
1

Answer:

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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Answered by soodradhika128
0

Answer:

daily books of journal are prepared than ledger than trail balance than trading and profit and loss account and than last but not the least balance sheet is prepared.

Explanation:

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