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21. The steps of the ascounting cycle are presentat telow ldenty the cemedt onder of the aleos. (1) (Click the icon to vere the riept)

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21. The steps of the ascounting cycle are presentat telow ldenty the cemedt onder of the aleos. (1) (Click the icon to vere the riept) wuer ueschpbon or stes (a.) Joumaizes and post the closing entries: (b.) Start with the beginining account bolances. (c.) Prepare the financial ststements (d.) Compute the unstished balanoe in esch aceount, and prepare the unadiusted trial balance. (e.) Joumaltee and pout adjasting entries. (4.) Emer the unadjusted uial balance on the worshoet and coinplate the workaheet (opoconal). (9) Prepare the agpested trial bibance. (h.) Analyre and journalize transactions at they eccur: (1) (click the ioon to view the miepes) viuer veschppen er etep Shep 1 (5.) Ansiyen and purtalte tratesctione as they acave. (c.) Prepare the financial statements. (d.) Compute the unacjusted balance in sach account, and prepart the unadjusted trial bolance (e.) Joumalie and post adfusting entries. (t.) Enter the unadjusted trial balance on the wonsheet, and complete the worksheed (cptionai). (g.) Prepare the adjussed trall balance (1) clid the icon to viow the mepe.)

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