what is acounting cycle ?

Question Posted / sudha

3 Answers
9844 Views
Bank Of America, HSBC, JPMorgan Chase, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

what is acounting cycle ?..

Answer / chandra babu

the process of preparing journal to finalaccounts is called
accounting cycle.Journal,Ledger,Trail balance,Trading&P&L
account,Balance Sheet ia accounting cycle.

Is This Answer Correct ?

59 Yes

3 No

what is acounting cycle ?..

Answer / tejashwini

It is the process of identifying the transactions, entering
in the journals, posting them into the ledger, preparing the
trial balance, preparing the final accounts and taking
decision managerial decision on the financial statements
recognised by the final accounts.

Is This Answer Correct ?

21 Yes

1 No

what is acounting cycle ?..

Answer / mohammed yacoob shariff

journalising-ledger posting-balancing-trial
balance-preparing Trading & Proft/Loss Account- Balancesheet

Is This Answer Correct ?

3 Yes

0 No

Post New Answer

More Banking Finance Interview Questions

EBIT stands for?

23 Answers Capital IQ,

Have you ever been advised by a fellow employee or supervisor to lie about a situation? How did you handle this ethical dilemma?

0 Answers Apple,

What should be done to improve the economic growth of the nation?

0 Answers State Bank Of India SBI,

what is BEP? WHAT IS 4TH LAW OF THERMODYNAMICS? WHAT IS UR VIEW ON SBI N SBS MERGER? WHAT IS RBI? WHAT IS IDBI? WHAT IS DIFFRNCE BETWEEN PSU N CENTRAL GOVT EMPLOYEE?

4 Answers Idbi Bank,

Do you have any idea about basic banking ?

3 Answers CTS, HSBC,

Where is corporate office of LIC located?

0 Answers LIC,

How to Measure cost of capital? explain the measures of cost of capital

3 Answers

What are the recent changes that have taken place in the banking sector?

0 Answers State Bank Of India SBI,

How will you differentiate between Repo Rate and Revere Repo Rate?

0 Answers IBPS,

Difference between the BSE and NSE not their expansion