Question: Question 1: (5 marks: each step 1 mark) Mr. Omar, former Head of Marketing department at Arab Bank, wants to know the basic steps in

 Question 1: (5 marks: each step 1 mark) Mr. Omar, former

Question 1: (5 marks: each step 1 mark) Mr. Omar, former Head of Marketing department at Arab Bank, wants to know the basic steps in the accounting cycle. Discuss the first five steps in accordance to the sequence in which they occur

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