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What is accounting cycle?

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Question added by eyob habte , expert /officer , Civil service bureau and south revenue authority
Date Posted: 2015/09/22
Khalid Umer Khan
by Khalid Umer Khan , Accounts Officer , Gerry's dnata (Pvt) Ltd.

The accounting cycle is the name given to the collective process of recording and processing the accounting event of a company. The series of steps begin when a transaction occurs and end with its inclusion in the financial statements.

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