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The 8 Steps in the Accounting Cycle

Diagram illustrating the 8 steps in the accounting cycle, showing a circular flow from Step 1 (Identifying & recording transactions) to Step 8 (Closing the books), with each step labeled in a yellow circle connected by blue arrows.

Diagram illustrating the 8 steps in the accounting cycle, showing a circular flow from Step 1 (Identifying & recording transactions) to Step 8 (Closing the books), with each step labeled in a yellow circle connected by blue arrows.

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