rlundari rlundari
  • 16-01-2021
  • Mathematics
contestada

Why is the accounting cycle important?

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bailey33007
bailey33007 bailey33007
  • 16-01-2021
because without it the economy would fail :)
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kmarthel05
kmarthel05 kmarthel05
  • 16-01-2021
The accounting cycle ensures that all accounts are updated and maintained.
This is important since the accounts receivable representatives will get the company's owed funding to keep the finances balanced.
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