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Recap of Overview of Financial Statements

Identify the ...

Question

Identify the correct sequence of accounting process:

A

Communicating --- Recording--Identifying

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B

Recording -- Communicating -- Identifying

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C

Identifying -- communicating -- recording

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D

Identifying -- recording -- communicating

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Solution

The correct option is D
Identifying -- recording -- communicating

The correct sequence of the accounting process is "Identifying -- recording -- communicating".

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