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Accounting Cycle

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Accounting cycle is the process of analyzing ,recording ,recording ,classifying,
summarize and reporting of financial statement.
There are ten step of accounting cycles
4 preparation of unadjusted trial balance
5 Recording adjusted entries
8.Recording Closing Entry
10.Recording Reversing Entries
Hence,knowing how to use step by step accounting cycle is mandatory for one accounting students and accountant.
#accountingcycle #accountinginAmharic
summarize and reporting of financial statement.
There are ten step of accounting cycles
4 preparation of unadjusted trial balance
5 Recording adjusted entries
8.Recording Closing Entry
10.Recording Reversing Entries
Hence,knowing how to use step by step accounting cycle is mandatory for one accounting students and accountant.
#accountingcycle #accountinginAmharic
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