Question
Which of the following is in the correct
order?Solution
Journal entries, Posting to the Ledger, Trial Balance Period, Financial reporting and Auditing The accounting process typically involves the following steps in this order: Recording transactions in the journal as journal entries. Posting journal entries to the respective ledgers. Preparing a trial balance at the end of the accounting period to ensure that the debits and credits in the ledger balance. Preparing financial statements based on the information in the ledger, such as the income statement, balance sheet, and statement of cash flows. Conducting an audit of the financial statements to ensure their accuracy and compliance with accounting standards and regulations.
In which city did India and Bosnia & Herzegovina hold their fourth Foreign Office Consultations (FOC)?
Who among the following replaced Morarji Desai as the Prime Minister of India in 1979?
India Exim Bank recently opened its East Africa Representative Office in Nairobi. Which of the following benefits is NOT associated with this initiative?
- Which state will host the 39th National Games in 2026?
Who has been appointed as the CEO of DBS Bank India?
Which word has been named the most notable word of 2023 by Collins Dictionary?
- Which organization launched the Swavalambini Women Entrepreneurship Programme?
Which ministry has launched ‘One Station One Product’ (OSOP) scheme over Indian Railways with objectives to promote ‘Vocal for Local’ vision of ...
Which country recently discovered the world’s largest rare earth deposit at Kuirektykol?
An advanced Artificial Intelligence (AI) system for early detection of forest fires has recently been launched by which Tiger Reserve?
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