Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is meant by Accounting Cycle....

Answer Posted / mujna

The accounting cycle is the process of accounting. It is the
step by step process of accounting the following are the steps.
Step 1 - identifying the source document
step 2 - making journal entries
step 3 - Preparing Leger
Step 4 - Preparing Trial Balance
Step 5 - finally preparing financial statement

Is This Answer Correct ?    2 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to geting finished goods cost with included it's all BOM and all production order cost in sap?

1847


swagat staryed business on 1st jan 2005 with cash on hand Rs. 10000

1828


what is the enty for contract bill raised?

2428


What is Debit Note and Credit Note? Subsidory Books? Minority Interest? Stock recording in P&L? Outstanding Expenses, Prepaid Expenses and Examples?

3459


informance about performance is disclosed by

2220


what is penaultimate sale

2068


Define bills receivable?

1269


What is mis report , how to prepare mis report for general ledger?

1528


What are the disadvantages of manual accounting?

1053


how go make jaggery sales and purchace bill in tally 7.2,jaggery lumbs comes in different weight not fixxed weight and i want stock in lumbs and bill amount in rupees (exp.lumbs/weight/rate/amount-1000/102.50/2500/256250)

1929


What is the depreciation rates for all the assets?like plant & Machinery,computers,software,land & buildings

4702


i have pay to 250000 excise duty so i ask to all how can maintain entry in tally ?

1725


What is tally and its features?

1208


Define depreciation and its types?

1108


What are time sheets? How are they maintained?

1077