The required steps in the accounting cycle are listed in


The required steps in the accounting cycle are listed in random order below.

List the steps in proper sequence.

(a) Prepare a post-closing trial balance.
(b) Prepare an adjusted trial balance.
(c) Analyze business transactions.
(d) Prepare a trial balance.
(e) Journalize the transactions.
(f ) Journalize and post closing entries.
(g) Prepare financial statements.
(h) Journalize and post adjusting entries.
(i) Post to ledger accounts. 

Solution Preview :

Prepared by a verified Expert
Accounting Basics: The required steps in the accounting cycle are listed in
Reference No:- TGS01529011

Now Priced at $10 (50% Discount)

Recommended (99%)

Rated (4.3/5)