Accountancy, asked by Satpathyanima6, 5 months ago

what are the steps you will follow before recording anything in books of accounts

Answers

Answered by deepikachoudhary1144

0

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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