Paper 1 · November 2023 · Accounting cycle
Which of the following is the correct sequence of an accounting cycle?
ALedger -> trial balance -> financial statements
BSubsidiary books -> trial balance -> ledger
CTransaction -> financial statements -> subsidiary books
DTransaction -> trial balance -> ledger
ZIMSEC Principles of Accounting 4051/1 Paper 1 (Multiple Choice), November 2023, Q2