Accounting Manager Question: Download Accounting Manager PDF
Can you list out the Stages of Double Entry System?
Answer:
☛ Recording of transactions in the journal
☛ Posting of journal entry in to the respective ledger accounts and then preparing a trial balance
☛ Preparing final accounts and closing of books of accounts
☛ Posting of journal entry in to the respective ledger accounts and then preparing a trial balance
☛ Preparing final accounts and closing of books of accounts
| Previous Question | Next Question |
| Do you know what are bills receivable? | What is trial balance in accounting? |