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The Operating Cycle

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Lessons List | 19 Lesson

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60 Reviews
Prachi Aggarwal

Great opportunity to learn and the lecture are very helpful 2025-05-25

Winnie Grace Vio

Knowledgeable and it is very helpful!!! 2025-05-16

LEEGO PERTUNIA

Challenging 2024-09-12

Yahye Nur Ali

beautiful 2024-07-27

Joy Francisco

good 2024-06-29

Tesfaye Gebeyehu Maru

It is cleae, understandable and Short. 2024-04-23

RAKTIM MITRA

2024-04-17

AMANUEL TILAHUN ASEFFA

I really like the way this courses were given and i cant wait to take another course. 2024-03-21

Aman Alotwala

Awesome 2024-03-19

Pankaj Meena

Best experience 2024-01-17

Nagaraj Shivappa

Okay 2024-01-16

Roziya parveen B

It was very good lessons and want to understand the conceps with simple english 2023-12-04

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Course Description

One of the main parts of accounting is recordkeeping or bookkeeping. Recordkeeping is the process of recording transactions and events in an accounting system. Since the principles of accounting rely on accurate and thorough records, record keeping is the foundation accounting.What are the types of record keeping? Make sure you keep track of these five types of records for your business. Accounting records. Accounting records document your business's transactions. ... Bank statements. Bank statements are records of all your accounts with the bank. ... Legal documents. ... Permits and Licenses. ... Insurance documents.How many years do you have to keep accounting records? Keep records for 7 years if you file a claim for a loss from worthless securities or bad debt deduction. Keep records for 6 years if you do not report income that you should report, and it is more than 25% of the gross income shown on your return. Keep records indefinitely if you do not file a return
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