The required steps in the accounting cycle are listed below in random order. List the steps in

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The required steps in the accounting cycle are listed below in random order. List the steps in the correct order by writing the numbers 1 to 9 in the blank spaces.

(1) Prepare a post-closing trial balance.

(2) Prepare an adjusted trial balance.

(3) Analyze business transactions.

(4) Prepare a trial balance.

(5) Journalize the transactions.

(6) Journalize and post the closing entries.

(7) Prepare the financial statements.

(8) Post to the ledger accounts.

(9) Journalize and post the adjusting entries.

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Accounting Principles Part 1

ISBN: 978-1118306789

6th Canadian edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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Question Posted: Mar 15, 2017 11:08 AM

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The required steps in the accounting cycle are listed below in random order. List the steps in

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The proper sequencing of the required steps in the accounting cycle is as follows 1 Analyz...View the full answer

Accounting Principles Part 1

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