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Please do it by type not pics.1.Understand how the accounting cycles (revenue, expenditure,production, HR/payroll,...Please...

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Accounting

Please do it by type not pics.

1.Understand how the accounting cycles (revenue, expenditure,production, HR/payroll, general ledger) interact in a businessorganization. Within this context draw a simple inflow and outflowdiagram illustrating these cycles and the interrelationships amongthem.

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SolutionAccountingcyclesA transaction isAn agreement between two entitiesto exchange goods or services ORAny other event that can bemeasured in economic terms by an organizationThe business transaction cycle is aprocess thatBegins with capturing data about atransactionEnds with an information outputsuch as financial    See Answer
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In: AccountingPlease do it by type not pics.1.Understand how the accounting cycles (revenue, expenditure,production, HR/payroll,...Please do it by type not pics.1.Understand how the accounting cycles (revenue, expenditure,production, HR/payroll, general ledger) interact in a businessorganization. Within this context draw a simple inflow and outflowdiagram illustrating these cycles and the interrelationships amongthem.

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