An example of a transaction that would be a step in an accounting cycle is paying for employee training seminars. This transaction would involve recording an expense in the accounting records, which is a routine part of the accounting cycle.
What is an example of a transaction that would be a step in an accounting cycle?
(1 point)
Responses
tracking employee’s sick days
tracking employee’s sick days
paying for employee training seminars
paying for employee training seminars
determining product efficiency
determining product efficiency
deciding which website host to use
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