Question
INSTRUCTIONS: Rearrange the following steps in the accounting cycle in proper sequence: Steps in Accounting Cycle Put in order use letters a. An unadjusted trial
INSTRUCTIONS: Rearrange the following steps in the accounting cycle in proper sequence:
Steps in Accounting Cycle | Put in order use letters |
a. An unadjusted trial balance is prepared. |
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b. Transactions are posted to the ledger. |
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c. Transactions are analyzed and recorded in the journal. |
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d. An optional end-of-period spreadsheet (work sheet) is prepared. |
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e. An adjusted trial balance is prepared. |
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f. Financial Statements are prepared. |
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g. A post-closing trial balance is prepared. |
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h. Adjustment data are assembled and analyzed. |
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i. Closing entries are journalized and posted to the ledger. |
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j. Adjusting entries are journalized and posted to the ledger. |
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