Accountancy, asked by hishmah, 9 months ago

What are the steps involved in the process of accounting?

Answers

Answered by gurj57364953
28

Answer:

hy dude ur answer is

Explanation:

Accounting Cycle Steps

Identifying and Analyzing Business Transactions. The accounting process starts with identifying and analyzing business transactions and events. ...

Recording in the Journals. ...

Posting to the Ledger. ...

Unadjusted Trial Balance. ...

Adjusting Entries. ...

Adjusted Trial Balance. ...

Financial Statements. ...

Closing Entries.

hope it helps!!

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Answered by AravindhPrabu2005
9

Accounting Cycle Steps

  1. Identifying and Analyzing Business Transactions. The accounting process starts with identifying and analyzing business transactions and events. ...
  2. Recording in the Journals. ...
  3. Posting to the Ledger. ...
  4. Unadjusted Trial Balance. ...
  5. Adjusting Entries. ...
  6. Adjusted Trial Balance. ...
  7. Financial Statements. ...
  8. Closing Entries.

hope it helps

hope it helpspls mark it as a brainliest...

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