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Describe sales full cycle accounting?

Full Cycle Accounting
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Question added by Abdullah Mahhaden, CFA, CPA , Assurance Manager , Grant Thornton
Date Posted: 2013/06/17
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Mahmoud kabbara
by Mahmoud kabbara , General Accountant , Serotonin Technologies

A company buys goods, stores them, processes customer orders, picks items from stock, sells them on credit, and collects payment from customers.
These activities represent the full cycle of activities for selling to customers.

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