Q.

What is the order in which the accounting transactions and events are recorded in the books

A. Journal, Subsidiary books, Profit & Loss A/c and Ledger
B. Ledger, Journal, Balance Sheet and Profit & Loss A/c
C. Journal, Ledger, Profit & Loss A/c and Balance Sheet
D. Profit & Loss A/c, Ledger and Balance Sheet
Answer» C. Journal, Ledger, Profit & Loss A/c and Balance Sheet
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