Economy, asked by mishthijainxcs11132, 2 months ago

derive accounting cycle ?

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Answered by s42shivraj8c

0

What are the steps of the accounting cycle?

Analyze and measure financial transactions.
Record transactions in Journal.
Post information from Journal to General Ledger.
Prepare unadjusted Trial Balance.
Prepare adjusting entries.
Prepare adjusted Trial Balance.
Prepare financial statements.
Prepare closing entries.

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