Multiple choice

Accounting cycles Starts from

  1. Transaction to Trail balance

  2. journal to Trail Balance

  3. Transation to Balance Sheet

  4. None
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The complete accounting cycle starts from recording transactions and ends with the Balance Sheet. The process includes journal entries, ledger posting, trial balance preparation, adjusting entries, and financial statements. Transaction to trial balance alone is incomplete.

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