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Which of the following can be considered the most important phase of the accounting cycle and is the primary objective of financial accounting?a)Identifying transactionsb)Preparing "T Accounts"c)Preparing financial statementsd)Preparing trial balancesCorrect answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which of the following can be considered the most important phase of the accounting cycle and is the primary objective of financial accounting?a)Identifying transactionsb)Preparing "T Accounts"c)Preparing financial statementsd)Preparing trial balancesCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following can be considered the most important phase of the accounting cycle and is the primary objective of financial accounting?a)Identifying transactionsb)Preparing "T Accounts"c)Preparing financial statementsd)Preparing trial balancesCorrect answer is option 'C'. Can you explain this answer?.

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