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Accounting explained in 100 pages or less kindle edition by piper, mike. The accounting cycle is the holistic process of recording and processing all financial transactions of a company, from when the transaction occurs, to its representation on the financial statements three financial statements the three financial statements are the income statement, the balance sheet, and the statement of cash flows. Accounting basics important disclaimer important note. This highlevel introduction to accounting and bookkeeping will give you all the information you need to make informed decisions about your financial reporting needs. From general transaction recording conventions to the full accounting cycle and finally to important accounts, the book.
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