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Explan the term accounting cycle why is it called cycle?
accounting is the systematic representation
What is the accounting cycle?
Accounting cycle comprises all of the accounting activities, from the recording of transaction up to the preparation of financial statements, which are repeatedly performed in every accounting period.
What is accounting cycle or process?
The sequence of activity which are followed in an organization,where accounting is pratise.the sequence of accounting procedure used to record classify and summarize accounting information is known as ACCOUNTING CYCLE/PROCESS.
What are accounting conversion and concept?
accounting concept are the basic knowledge of accounting on which basis monetry transation are made in accounting book.
What is the cost accounting cycle?
Accounting cycle comprises all of the accounting activities, from the recording of transaction up to the preparation of financial statements, which are repeatedly performed in every accounting period.
What is accounting cycle?
An accounting cycle is basically all of the accounting procedures. This starts with journal entries and ends with the financial statements and closing of temporary accounts.
What is the answer to comprehensive problem1 the accounting cycle?
There is not a way to give you the answer to the comprehensive problem one on accounting cycle. You will have to study to answer this question.
Is there a difference between accounting for conversion of bonds and accounting for the conversion of preferred stock?
Bonds have discounts and premiums and accrued interest. Preferred Stock doesn't.
What is the focal point of the accounting cycle?
focal point of accounting cycle
What does it mean to manage the accounting system?
To manage an accounting system. The system that manages the accounting. Accounting is: The action or process of keeping financial accounts
System of Accounting?
what is accounting system and what thier types?
Is accounting information system a subsystem?
Yes, an accounting information system is a subsystem within an organization's overall information system. It specifically focuses on capturing, processing, storing, and reporting financial and accounting data for decision-making and financial management purposes. It interacts with other subsystems, such as inventory management or human resources, to ensure proper recording and reporting of financial transactions.
