Question
Indicate the proper sequence of the steps in the accounting cycle by placing numbers 1-8 in the blank spaces. What order should they be in?
Indicate the proper sequence of the steps in the accounting cycle by placing numbers 1-8 in the blank spaces. What order should they be in?
| a. | Analyze business transactions. | select a number 12345678 | ||
|---|---|---|---|---|
| b. | Journalize and post adjusting entries. | select a number 12345678 | ||
| c. | Journalize and post closing entries. | select a number 12345678 | ||
| d. | Journalize the transactions. | select a number 12345678 | ||
| e. | Prepare a post-closing trial balance. | select a number 12345678 | ||
| f. | Prepare a trial balance. | select a number 12345678 | ||
| g. | Prepare financial statements. | select a number 12345678 | ||
| h. | Post to ledger accounts. | select a number 12345678 |
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Financial Accounting an introduction to concepts, methods and uses
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
13th Edition
978-0538776080, 324651147, 538776080, 9780324651140, 978-0324789003
