1.

Discuss the stages of accounting process?

Answer»

Answer:

The STEPS are :-

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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