1 Exercise 2-5 (Static) The accounting processing cycle (LO2-2) Listed below are several terms and phrases associated with the accounting processing cycle. Pair each item from List A (by letter) with the item from List B that is most appropriately associated with it. is Book List A 1. Source documents 2. Transaction analysis 3. Journal 4. Posting 5. Unadjusted trial balance 6. Adjusting entries 7. Adjusted trial balance 8. Financial statements 9. Closing ontries 10 Post-closing trial balance 11. Worksheet List B a. Record of the dual effect of a transaction in debit credit form Internal events recorded at the end of a reporting period c. Primary means of disseminating information to external decision makers d. To zero out the temporary accounts . Determine the dust offect on the accounting equation List of accounts and their balances before recording adjusting entries a List of accounts and their balances after recording closing entries h List of accounts and their balances after recording adjusting entries L. A means of organizing information not part of the formal accounting system Transferring balances from the journal to the ledger k Used to identity and process external transactions Print eferences