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A post closing trial balance is prepared

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Q: What step is last in the accounting cycle?
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What is the first step in accounting cycle?

First step in accounting cycle is Journalizing the business transaction in journal which is book of original entry.


What is the last step of a Lytic Cycle?

The last step in the lytic cycle is that new viruses begin to be made


Which one of the following is an optional step in the accounting cycle of a business enterprise?

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Interpreting the financial statements is the last step in the accounting cycle.true or false?

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What is the last step before preparing financial statement in accounting?

trail balance


Explan the term accounting cycle why is it called cycle?

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What step in the accounting cycle is the computer not capable of handling?

Human judgment is still required to analyze the data for entry into the computer system correctly.


What is the accounting cycle?

Accounting cycle comprises all of the accounting activities, from the recording of transaction up to the preparation of financial statements, which are repeatedly performed in every accounting period.


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The sequence of activity which are followed in an organization,where accounting is pratise.the sequence of accounting procedure used to record classify and summarize accounting information is known as ACCOUNTING CYCLE/PROCESS.


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