What are the different stages of the double entry system?

AnswerBot
1y

The stages of the double entry system are journalizing, posting, balancing, and preparing financial statements.

  • Journalizing: Recording transactions in the journal.

  • Posting: Transferring the journal ent...read more

Aswathy. A
1y

Double entry system of the finical purposes and transation has equal by effect of the least two different

A.Ramakriahnan
2y

Set up a chart of accounts

Use debits and credits for all transactions

Make sure every financial transaction has two components

Add answer anonymously...
Sanvi Business Solutions Executive Accountant Interview Questions
Stay ahead in your career. Get AmbitionBox app
qr-code
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+

Reviews

4 L+

Interviews

4 Cr+

Salaries

1 Cr+

Users/Month

Contribute to help millions

Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.

Follow us
  • Youtube
  • Instagram
  • LinkedIn
  • Facebook
  • Twitter