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I’m trying to study for my Social Science course and I need some help to underst

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I’m trying to study for my Social Science course and I need some help to understand this question.Please respond to adrianna with 180 wordsconsidering I don’t have the book yet I would have to take a guess thatInvestors are the ones who benefit from company accounting documents, due to them being the ones that again are investing their time and money into the business they choose. these documents provide information about the companies revenue, expenses, profit and debt. it also gives them information about how long they have to pay these dues or even collect their revenue. these things are collected with documents that have their own specific purpose. the first step would be to collect all the information needed, then you would follow with a journal entry and record the transactions. you would then follow with a posting of the journal entry to the general ledger. the last thing to do would record a unadjusted trial balance and the end of the period. you then create a worksheet, here we adjust anything that is needed. you would also do this for the journal entries, adjusting any changes. after the company makes its changes they then call this the financial statement, followed by the “closing” of the book. there is many steps to the process.which makes accounting very important for the business. Requirements: 180 words   |   .doc file

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