Multiple Choice
Below are some of the basic activities in a paper-based accounting system:
i. Post (copy) data from journals to the appropriate accounts in the general ledger
ii. Record transactions in the appropriate journals
iii. Post (copy) data from journals to the appropriate accounts in the subsidiary ledgers
iv. Complete source documents
A) iv, ii, iii, i
B) ii, i, iii, iv
C) iv, ii, i, iii
D) ii, iv, iii, i
Correct Answer:

Verified
Correct Answer:
Verified
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