Put the 7 main steps of the accounting process in order (from 1 -7) below:
________ Interpreting
________ Analyzing
________ Recording
________ Classifying
________ Reporting
________ Communication
________ Summarizing

Accounting Process

A systematic series of steps involved in collecting, recording, summarizing, and presenting the financial transactions of a business.

Interpreting

The process of explaining or understanding the meaning of something, often related to data or information.

Classifying

The process of systematically arranging business transactions or financial statements' components into categorized groups for analysis and reporting.