Question

What Is the First step of accounting process?

Answer 1

Accounting is the process of recording , classifying, summarizing the financial transactions and events communicating  information to its users who need it for decision making . Recording is the first step of accounting  process it is nothing but praparing of journal

Answer 2

The process of recording, classifying, summarising and interpreting the accounting information is known as accounting process or accounting cycle. if help full plzz .ar js as brillant answer.