Rearrange the following steps in the accounting cycle in proper sequence: a. An adjusted trial balance is
Question:
Rearrange the following steps in the accounting cycle in proper sequence:
a. An adjusted trial balance is prepared.
b. Financial statements are prepared.
c. A post-closing trial balance is prepared.
d. Transactions are analyzed and recorded in the journal.
e. An optional end-of-period spreadsheet (work sheet) is prepared.
f. Adjustment data are asssembled and analyzed.
g. Transactions are posted to the ledger.
h. Closing entries are journalized and posted to the ledger.
i. An unadjusted trial balance is prepared.
j. Adjusting entries are journalized and posted to the ledger.objs. 2,3
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Financial Accounting
ISBN: 9780324380675
10th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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