Question
Using numbers 1 to 10 (1 is the beginning) put the following statements in the correct order based on the steps in the accounting cycle.
Using numbers 1 to 10 (1 is the beginning) put the following statements in the correct order based on the steps in the accounting cycle.
_____ Prepare a trial balance.
_____ Post journal entries to the general ledger.
_____ Prepare the balance sheet.
_____ Record adjusting entries in the general journal.
_____ Prepare a post-closing trial balance.
_____ Analyze source documents.
_____ Prepare the income statement.
_____ Record journal entries in the general journal or subsidiary journals.
_____ Post adjusting entries to the general ledger.
_____ Record closing journal entries.
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