The reclining steps performed each reporting period in preparing financial statements, starting with analyzing and record transactions
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Question:
The reclining steps performed each reporting period in preparing financial statements, starting with analyzing and record transactions in the journal and continuing through the post-closing trial balance is referred to as the.
A) Natural business year.
B) Operating cycle.
C) Accounting cycle.
D) Accounting period.
E.) Closing cycle.
Related Book For
College Accounting Chapters 1-30
ISBN: 978-1259631115
15th edition
Authors: John Price, M. David Haddock, Michael Farina
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