The Accounting Cycle
Arrange the correct sequence of the accounting cycle.
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Topics of this game:
- Example: invoice, debit note, credit note
- Example: sales journal, cash book, Journal
- Collection of ledger accounts
- Statement which shows the list of balances at a specific date
- Adjustments made to ledger accounts as per the accrual basis
- Example: Income statement, statement of financial position
- Example: Accounting ratio analysis (or financial statement analysis)
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