Paper 1 · The accounting cycle
Which is the correct accounting cycle?
Aledger → trial balance → subsidiary book → final accounts
Bsubsidiary book → ledger → trial balance → final accounts
Csubsidiary book → trial balance → ledger → final accounts
Dtrial balance → ledger → subsidiary book → final accounts
ZIMSEC Principles of Accounts 7112/1 Paper 1 (Multiple Choice), June 2014, Q1
