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Accounting Cycle
Title: Accounting Cycle
Category: Business & Economy
Details: Words: 1302 | Pages: 5.5 (approximately 235 words/page)
Accounting Cycle
In the general point of view, an accounting cycle refers to certain procedures that must be established by every business unit to provide the data to be reported on the financial statements. The accounting process consists of two interrelated parts: the recording phase and the summarizing phase. Although these phases vary in details depending on the nature of the business, the main purpose is just the same - to be able to provide an accurate report …showed first 75 words of 1302 total…
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…showed last 75 words of 1302 total…Accounting Cycle. ". Retrieved on April 006 from http://www.solutionmatrix.com/accounting-cycle.html
The Regents of the University of California. (2004). "Accounting: How to Prepare Journal" ". Retrieved on April 01, 2006 from http://acctg.ucsf.edu/OLFS/FAQ/
Trautman, Carl O. (1994-2003). Accounting Cycle/Finance Company. Retrieved on April 01, 2006 from http://www.small-business-dictionary.org/default.asp?term=FINANCE+COMPANY
Williams-Smith, Cherryl. University of Maryland. "Opening and Closing Accounts." Retrieved on April 01, 2006 from http://www.fincsvc.umaryland.edu/RF/accounts.cfm
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