Question: Juan Kirby is confused about how accounting information flows through

Juan Kirby is confused about how accounting information flows through the accounting system. He believes the flow of information is as follows.
(a) Debits and credits posted to the ledger.
(b) Business transaction occurs.
(c) Information entered in the journal.
(d) Financial statements are prepared.
(e) Trial balance is prepared.




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  • CreatedFebruary 17, 2014
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