What do you mean by an Accounting Cycle....?????




Answers were Sorted based on User's Feedback



What do you mean by an Accounting Cycle....?????..

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 ?    24 Yes 2 No

What do you mean by an Accounting Cycle....?????..

Answer / anand paudel

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 ?    19 Yes 1 No

What do you mean by an Accounting Cycle....?????..

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




What do you mean by an Accounting Cycle....?????..

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

What do you mean by an Accounting Cycle....?????..

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

What do you mean by an Accounting Cycle....?????..

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 ?    3 Yes 1 No

What do you mean by an Accounting Cycle....?????..

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

Post New Answer



More Accounting AllOther Interview Questions

I am a student of ICWAI (Intermediate). I looking for some information about Rayalty and Hire Purchase.

8 Answers  


working capital and variance cost and funds flow and cash flow and gaap and surplus and

1 Answers   FactSet Systems,


Expand-----BDAC

1 Answers  


What is meant by Intangible Assets?

5 Answers  


what is daily accrual?

1 Answers  






about bank reconciliation

6 Answers   Godrej,


what is payback period?

1 Answers   Capital IQ,


expand N H A I

2 Answers  


hi.. inthe month of june our expenses 540.petty cash replenishment we received 530. in the next month we received the balance 10 and july petty cash replenishment for 450 + 10. how to prepare jv. eg: subry expenses a/c 540 to cash 530 to ???? 10 july: sundry expenses 450 ??????????????? 10 to cash 460 pls help

1 Answers  


HOW CAN I BOOKED RS.200000/ LETTER OF CREDIT(L/C)A/C WITH PARTIES THROUGH BANK IN TALLY.

1 Answers  


Answered but misspelled pl correct DEBIT INCREASES IN AN (ANS.SSATE)

2 Answers  


WhatIs the limit of duty exemption in smal scale industries.

0 Answers  






Categories