Archive about 'Accounting Cycle'

What is The Accounting Cycle And The Steps Involved

Tweet Accounting Cycle is a series of accounting process which begins with the identification of an economic activity or transaction, recording of the economic activity and ends with the prepration of the financial statements. The Accounting Cycle is a repeated process where one cycle ends and another cycle (as above) is repeated again The steps […]

List Of Topics Under The Heading Of Accounting Cycle

Tweet Append below a listing of topics covered under the heading Accounting Cycle: Content Page On ACCOUNTING CYCLE 1.0 Overview of a typical Accounting Cycle and understanding its flows Steps Involved: 2.0 SOURCE DOCUMENTS: 3.0 JOURNAL/ORIGINAL BOOK OF ENTRY/SUBSIDIARY BOOKS The Sales Journal The Purchase Journal The Cash Payments Journal The Cash Receipts Journal The […]