College Accounting Chapters 1-13 15th Edition

Accounting cycle Following are the steps in the accounting cycle. Arrange the steps in the proper sequence. 1. Prepare a worksheet. 2. Record adjusting entries. 3. Analyze transactions 4. Journalize the transactions. 5. Post the journal entries. 6. Record closing entries 7 Interpret the financial information. 8. Prepare a postclosing trial balance. 9. Prepare financial statements. Exercise 6.2 Objective 6-4