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So stuck! I am required to make a flow chart of the following: Identify the steps to extract the trial balance and interim reports: Identify

So stuck! I am required to make a flow chart of the following:

  1. Identify the steps to extract the trial balance and interim reports:

  • Identify and accurately process any special transactions. Provide the steps for ensuring special transactions are accurately processed.
  • Complete the cash and credit journals and post them to the general ledger. Provide evidences of each step.
  • Extract the trial balance, check it, and prepare other required reports
  • Review the trial balance and interim reports and find and correct any errors. How are errors documented and corrected?
  • Finalise the reports and file them appropriately. Include where these would be filed.

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