3 Questions
Which step comes after 'The Journal' in the recording process?
The Ledger
In the recording process, what is the purpose of 'Posting'?
Transferring information from the journal to the ledger
Which step in the recording process involves checking the equality of debits and credits?
Prepare Trial balance
Test your knowledge of accounting fundamentals with this quiz on the recording process. Explore topics such as accounts, debits and credits, journal entries, ledger management, posting, trial balance preparation, and adjustments.
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