Describe different accounting cycles


Financial statements are a product of the accounting cycle. Think about two different companies: a manufacturing company, and a retail company. Why would different companies have different accounting cycles? Would you expect the steps of the accounting cycle to be the same for each company? Why or why not?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Describe different accounting cycles
Reference No:- TGS0553210

Expected delivery within 24 Hours