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ZIMSEC O-Level Principles of Accounting

2The Accounting Cycle

The Accounting Cycle in ZIMSEC O-Level Principles of Accounting: what the syllabus expects you to know, the learning objectives and how to practise.
Topic18 practice questions1 lesson
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Overview

Form 1: transactions, source documents, subsidiary books, ledger, trial balance and financial statements.

Learning objectives

What the syllabus expects you to be able to do.

  1. 2.1Form 1: define, illustrate and explain the stages of the accounting cycle in order.

Lessons

  • The accounting cycle

    30 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

The Accounting Cycle: sample question

1 mark

What is the main purpose of the trial balance stage?

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