name the steps involved in accounting process
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Hello.
Steps involved in accounting:-
1)Measuring and identifying the transactions in monetary term.
2)Recording transactions in journal.
3)Classifying them into ledger.
4) Summarizing or preparation of final accounts that is trading a/c , PNL a/c and balance sheet.
5)Communicating the results.
hope it helps✌
Steps involved in accounting:-
1)Measuring and identifying the transactions in monetary term.
2)Recording transactions in journal.
3)Classifying them into ledger.
4) Summarizing or preparation of final accounts that is trading a/c , PNL a/c and balance sheet.
5)Communicating the results.
hope it helps✌
Anonymous:
it
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