What are the 7 steps of the accounting cycle?

 

Stage 1:Source Document

Stage 2:Journal

Stage 3:General Ledgers

Stage 4:Trial Balance

Stage 5: Adjustments

Stage 6: Closing accounts and stock Valuation

Stage 7: Preparation of Final Account.

Answer

  • Last Updated Apr 09, 2024
  • Views 3
  • Answered By Veanna Burner

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