What is the specific order of the recording process?
A: Journal, trial balance, financial statements, ledger, transaction documentation
B: Transaction documentation, journal, ledger, trial balance, financial statements
C: Transaction documentation, ledger, journal, trial balance, financial statements
D: Trial balance, financial statements, ledger, journal, transaction documentation
E: Ledger, journal, transaction documentation, trial balance, financial statements
A: Journal, trial balance, financial statements, ledger, transaction documentation
B: Transaction documentation, journal, ledger, trial balance, financial statements
C: Transaction documentation, ledger, journal, trial balance, financial statements
D: Trial balance, financial statements, ledger, journal, transaction documentation
E: Ledger, journal, transaction documentation, trial balance, financial statements
举一反三
- The process of transferring information from journal to the ledger is known as . （ ） A: posting B: preparing a trial balance C: journalizing D: preparing financial statements
- The process of posting journal into ledger account is called( ) A: Analysing B: Journalizing C: Posting D: The trial balance
- Which of the following is not a step in the accounting cycle? A: Journalizing the transactions B: Preparing a sale order C: Posting of journal entries to ledger accounts D: Preparing a trial balance
- Closing is behind the procecess of_____. A: adjusting the accounts B: preparation of financial statement C: preparation of trial balance D: post the general ledger
- What is the function of a suspense account? A: A device used to enable the production fo the financial statements, when required, despite the presence of errors. B: A method of ensuring the trial balance will agree. C: A way of focusing attention upon the corrective action required to ensure the trial balance does agree and the integrity of the accounting system is maintained. D: A way of recording transaction when the ultimate accounting treatment required in unclear.