Accountıng I Deneme Sınavı Sorusu #1313734

Which one of the following is the first step of the accounting cycle?


Posting opening entries to ledger accounts

Opening entries based on opening balance sheet

Analyzing and journalizing daily transactions

Adjusting entries

Posting daily transactions to accounts


Yanıt Açıklaması:

Opening entries based on opening balance sheet is the first step of the accounting circle.

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