Accountıng I Deneme Sınavı Sorusu #1313757
For the preparation of financial statements, which of the following is the starting point?
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Closing entries |
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post-closing trial balance |
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Opening entries based on opening balance sheet |
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the adjusted trial balance |
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Posting daily transactions to accounts |
Yanıt Açıklaması:
For the preparation of financial statements, the starting point is the adjusted trial balance. After the preparation of adjusted trial balance and financial statements, closing entries will be recorded in order to get accounts ready for the next year
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