Accounting Cycle

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Title: Accounting Cycle
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Subject: Business
Date: November 28, 1997
Length: 3 / 875
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Journalize Transactions -- After collecting and analyzing the information obtained in the first step, the information is entered in the general journal, which is called the book of original entry. Journalizing transactions may be done continually, but this step can de done in a batch at the end of the day if data from similar transactions are being sorted and collected...
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Journalizing transactions may be done continually, but this step can de done in a batch at the end of the day if data from similar transactions are being sorted and collected. 3. Post to General Ledgers --The general journal entries are posted to the general ledger, which is organized by account...
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