List the steps of the accounting cycle


Assignment Instructions:

This assessment addresses the following course objective(s):

List the steps of the Accounting Cycle.

Identify the effects of various business transactions.

Download the Unit 1 Assignment - Financial Statements Preview the document [Excel Spreadsheet] template.

Using the account list with corresponding balances complete:

  • Income Statement
  • Statement of Owner Equity
  • Balance Sheet

Refer to your text book for examples of these statements.

Make sure to save your work as you are making changes.

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Attachment:- Financial Statements Document.rar

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Accounting Basics: List the steps of the accounting cycle
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