The Accounting Cycle The steps in the accounting cycle are listed in random order. Fill in the
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The Accounting Cycle The steps in the accounting cycle are listed in random order. Fill in the blank next to each step to indicate its order in the cycle. The fi rst step in the cycle is fi lled in as an example.
Order Procedure Prepare a work sheet.
Close the accounts.
1 Collect and analyze information from source documents.
Prepare fi nancial statements.
Post transactions to accounts in the ledger.
Record and post adjustments.
Journalize daily transactions.
AppendixLO1
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Using Financial Accounting Information The Alternative To Debits And Credits
ISBN: 9780538452748
7th Edition
Authors: Curtis L. Norton, Gary A. Porter
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