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The Accounting Cycle
Essay specific features
Written by:
Dorothy C
Date added:
April 21, 2015
Level:
University
Grade:
A
No of pages / words:
4 / 1002
Was viewed:
3398 times
Rating of current essay:
Essay content:
Take an after closing trial balance.
10. If needed, do reversing entries and post to the ledger.
This paper will discuss these steps in detail. Because I work at home, I am not currently involved in any of the steps of the accounting cycle. The examples I give in this paper will be from various jobs I have held in the past...
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In order to enter the transactions, the recorder must first decide what needs to be recorded. An event should be recorded "if it is measurable, and is relevant and reliable" (Kieso, Weygant, & Warfield, 2004). Although there are some events that increase the assets of the business, they are not all able to be recorded...
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