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27 September, 01:57

The operating cycle is the process by which companies produce their financial statements for a specific period.

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  1. 27 September, 02:27
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    It is the Accounting Circle. It is the name given to the aggregate procedure of recording and handling the bookkeeping occasions of an organization. The arrangement of steps start when an exchange happens and end with its consideration in the money related articulations. Extra bookkeeping records utilized amid the bookkeeping cycle incorporate the general record and trial adjust.
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