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aof.sorular.net Accountıng I ACCOUNTING I Dersi Completing the Accounting Cycle soru cevapları

ACCOUNTING I Dersi Completing the Accounting Cycle soru detayı:

PAYLAŞ:

SORU:

What does the beginning of the period activities refer to?


CEVAP:

Beginning of the period activities deal with the opening transactions of the company. After the closing entries done for the previous term, the accounts have to be opened for the new fiscal year.