लास्ट स्टेट ऑफ अकाउंटिंग प्रोसेस
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The eight steps to the accounting cycle include the following:
Step 1: Identify Transactions. ...
Step 2: Record Transactions in a Journal. ...
Step 3: Posting. ...
Step 4: Unadjusted Trial Balance. ...
Step 5: Worksheet. ...
Step 6: Adjusting Journal Entries. ...
Step 7: Financial Statements. ...
Step 8: Closing the Books
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