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Which of the Following Sequences Is the Normal Sequence of Flow

question 39

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Which of the following sequences is the normal sequence of flow of accounting data?

Distinguish between the recording of revenues and expenses and their impact on financial statements.
Grasp the basics of accounting transactions and their requirements for recording.
Know the role and structure of the chart of accounts in organizing financial information.
Understand the importance and process of trial balances in the accounting cycle.

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