what is acounting cycle ?
Answers were Sorted based on User's Feedback
Answer / chandra babu
the process of preparing journal to finalaccounts is called
accounting cycle.Journal,Ledger,Trail balance,Trading&P&L
account,Balance Sheet ia accounting cycle.
| Is This Answer Correct ? | 59 Yes | 3 No |
Answer / tejashwini
It is the process of identifying the transactions, entering
in the journals, posting them into the ledger, preparing the
trial balance, preparing the final accounts and taking
decision managerial decision on the financial statements
recognised by the final accounts.
| Is This Answer Correct ? | 21 Yes | 1 No |
Answer / mohammed yacoob shariff
journalising-ledger posting-balancing-trial
balance-preparing Trading & Proft/Loss Account- Balancesheet
| Is This Answer Correct ? | 3 Yes | 0 No |
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