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What do you mean by an Accounting Cycle....?????
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Answer / anubhavbansal2002
Accounting cycle is none other than the whole process of
recording and presenting the transactions held i.e. from
book keeping to final accounts. Accounting cycle starts
from book keepings to ledgers to dinal accounts and cash &
fund flow statements..
| Is This Answer Correct ? | 25 Yes | 2 No |
accounting cycle start from journal entry i.e recording the
transaction and next step is posting into the ledger a/c
after ledger a/c it involves in preparation of trial
balance and finally final account i.e Trading&p/l a/c and
balance sheet.this process is called accounting cycle and
for next year it is again start from journal entry and ends
with final account.
| Is This Answer Correct ? | 21 Yes | 1 No |
Answer / poornima
Accounting Cycle means the entire financial transactions
incurred during the financial year starting from 01st
April to 31st March every year
| Is This Answer Correct ? | 16 Yes | 3 No |
Answer / amir
An accounting cycle is the process to record and present
the transaction it starts from book keeping ends to final
accounts.
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / ajit kumar sahu
An accounting cycle means to maintaining the financial data
and recording and prepare the final account after ending of
the financial year.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / sanjeev kumar
Accounting cycle is a accounting process and accounting
structure. accounting cycle is recording and prepare the
transaction from book keeping to ledger to final account (
profit and loss account,balance sheet)and cash flow
statement account.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / rahul prasad shaw
Accounting cycle is none other than the whole process of
recording and presenting the transactions held i.e. from
book keeping to final accounts. Accounting cycle starts
from book keepings to ledgers to dinal accounts and cash &
fund flow statements.
| Is This Answer Correct ? | 1 Yes | 0 No |
principles of accounts
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