In this phase, all

financial transactions
are recorded accurately
and up-to-date.

Recording
o k no wn as
Als
kk eep ing.
Boo

Interpreting Classifying

Involves sorting
Concerned with and grouping
analyzing financial data similar items under
and is a critical tool the designated
for decision-making. name, category, or
account.

Summarizing
Involves summarizing
the data after each
accounting period, it is
presented in a way which
is easy to understand.
Mikeila Xchilt N. Santos
9 - Dignity

PT 1 - GRAPHICAL PRESENTATION
4 PHASES OF ACCOUNTING

For my graphical presentation, I created it in the form of a

cycle. It starts off with recording, then moves on to
classifying, onto summarizing, then lastly interpreting.
These steps are done one after another as the cycle
repeats and continues. I chose this kind of format
because after this process ends, it repeats in the same
exact order just like a cycle. As for my design, I created it
in this style because it reflects my personality, tastes, and
overall myself, as it combines with my aspiration to
pursue and learn more about accounting.