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    Financial and Managerial Accounting Study Set 8
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    Exam 3: The Accounting Cycle: Capturing Economic Events
  5. Question
    The Accounting Cycle Begins With
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The Accounting Cycle Begins With

Question 73

Question 73

Multiple Choice

The accounting cycle begins with:


A) Posting of journal entries to ledger accounts.
B) Formation of a business.
C) Initial recording of business transactions.
D) Preparation of a trial balance.

Correct Answer:

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