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Describe the financial information flow. Define the functions of the chart of accounts, subsidiary ledgers, general ledger, trial balance, and financial reports in an accounting

Describe the financial information flow. Define the functions of the chart of accounts, subsidiary ledgers, general ledger, trial balance, and financial reports in an accounting system Explain the annual management cycle for reporting results.

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Financial Information Flow The financial information flow in an accounting system involves several key components that work together to record process and report financial transactions accurately Thes... blur-text-image

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