Theoretical Framework
Quick practice
Question 1 of 5
Order in which the accounting transactions and events are recorded?
A
Journal, Ledger, Profit and Loss A/c, Balance Sheet
B
Profit and Loss A/c, Ledger, Balance Sheet, Journal
C
Ledger, Journal, Balance Sheet, P&L A/c
D
Journal, Subsidiary books, Ledger, Balance Sheet, Profit and Loss Account (P&L Account)
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