Answer-Which of the following is not an accounting cycle step?

Explanation Scheduling customer payments. The accounting cycle consists of a series of steps that are followed in the accounting process. Scheduling customer payments is not part of the accounting cycle.

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Question

Which of the following is not an accounting cycle

step?

A Posting transactions to the general ledger

B Preparing financial statements

C Analyzing financial data

D Scheduling customer payments

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Relevant for Exams:

UPSC EO/AO

Which of the following is not an accounting cycle

Solution

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