Transaction→journal entry→source document→ledger account→trial balance.Source document→transaction→ledger account→journal entry→trial balance.Transaction→source document→journal entry→trial balance→ledger account.Transaction→source document→journal entry→ledger account→trial balance.
You are watching: Which of the following sequences is the normal sequence of flow of accounting data?
Answer included by Mahalakshmi Venugopal, advertising Coordinator , Chalmers maritime Engineering4 years ago
The simple sequence in accounting process is as followed.
Transaction - Source record - journal entry - ledger account - trial balance.
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