I need a copy of the accounting cycle Solution Accounting Cycle consists of the following steps: 1. Identification of Financial Transactions 2. Preparation of Vouchers 3. Recording Transaction & Events in the Books of Original Entry 4. Classifying or Posting to the Ledger 5. Summarising or Preparation of Trial Balance and Financial Statements 6. Analysis and Interpretation 7. Communicating the summarised data (financial statements) to the users.

1. I need a copy of the accounting cycle
Solution
Accounting Cycle consists of the following steps:
1. Identification of Financial Transactions
2. Preparation of Vouchers
3. Recording Transaction & Events in the Books of Original Entry
4. Classifying or Posting to the Ledger
5. Summarising or Preparation of Trial Balance and Financial Statements
6. Analysis and Interpretation
7. Communicating the summarised data (financial statements) to the users