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What is the most important output of the accounting cycle

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Reference no: EM131578610

Problem -

Why do some accountants prepare and end-of - period spreadsheet?

Describe the nature of the assets that compose the following sections of a balance sheet:

a) Current assets,

b) Property, plant and equipment.

What is the most important output of the accounting cycle? Do all companies have an accounting cycle? Explain using examples.

Reference no: EM131578610

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