The first step in accounting process is

A ) Recording the transaction

B ) Identifying the transaction ✅

C ) Posting the transaction

D ) Preparing the source documents

Related Questions
  1. Drawings by owner of business are generally recorded on which of the following side of a cash book?
  2. Which of the following is generally not the party check?
  3. The authorized person of staff performance is
  4. Petty cash fund is supposed to be replenished
  5. To closing balance of petty cash book is considered as
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