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Accounting cycle is the financial process starting with recording business transactions and leading up to the preparation of financial statements. This process demonstrates the purpose of financial accountingto create useful financial information in the form of generalpurpose financial statements.
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Accounting > Process. The Accounting Process (The Accounting Cycle) The accounting process is a series of activities that begins with a transaction and ends with .
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Though "cement" and "concrete" are often used interchangeably, concrete is actually the final product made from cement. The primary component of cement is ...
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