Question

As per the double entry system. the correct sequence of accounting of financial transaction in the books of owner is :
.A.Profit and loss account and balance sheet.
B. Trial balance
C. Ledger
D. Journal Entry
E. Memorandum book.
Choose the cornet answer from the options given below :

• A. A, D, E, C, B
• B. E, D, C, B, A
• C. D, E, C, B, A
• D. E, C, D, B, A

Answer 1

The Correct Option is B

The correct answer is (B) : E, D, C, B, A.