Which one the following represents correct sequence of accounting cycle _______.
A. Journal > Trial balance > Ledger > Transaction
B. Transaction > Journal > Ledger > Trial balance
C. Purchases > Journal > Ledger > Trial balance
D. None of the above
Answer:B
Which one the following represents correct sequence of accounting cycle _______.
A. Journal > Trial balance > Ledger > Transaction B. Transaction > Journal > Ledger > Trial balance C. Purchases > Journal > Ledger > Trial balance D. None of the above