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Byju's Answer
Standard XI
Accountancy
Debit & Credit
is the first ...
Question
_________ is the first phase of accounting cycle.
A
Identifying an economic event or transaction
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B
Preparing journals
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C
Posting entries to ledger accounts
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D
Making decisions about business
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Solution
The correct option is
A
Identifying an economic event or transaction
Identifying an economic event or transaction
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