Accountıng I Deneme Sınavı Sorusu #1190926

When does the operation cycle begin?


Purchasing of inventories from a producer or an individual

Selling inventories to customers

Collecting cash from customers

Recording a receivable

Scheduling the payment


Yanıt Açıklaması:

Operating cycle begins with the purchase of merchandise inventory and ends when the cash from sales is collected from customers.

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