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Hayes and Flower (1986) identified three key processes of writing that fall in which "natural" order:
Plant Assets
Tangible assets that are used in the operations of a business and are not intended for resale, including buildings, machinery, and equipment.
Natural Business Year
The fiscal year that ends when a business's activities have reached the lowest point in its annual operating cycle, theoretically the most optimal time for financial reporting.
Adjusting Entry
A journal entry made at the end of an accounting period to allocate income and expenditure to the appropriate years.
Contra Account
An account used in accounting to offset or reduce the balance of a related principal account.
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