1. Journalize the December transactions. Do not include explanations. Remember to indent credits. (Do not record adjusting entries at this point.) 2. Post the December transactions to the appropriate ledger accounts (T-Accounts). 3. Prepare the unadjusted trial balance for the year ended December 31. 4. Prepare the necessary adjusting entries for December. 5. Post the December adjusting entries to the appropriate ledger accounts. (Use the same ledger as you did for step 2) 6. Prepare adjusted trial balance for the year ended December 31. (This trial balance will include your account balances after posting your adjusting entries) 7. Prepare financial statements in good form as of December 31, including a statement of cash flows. 1. Journalize the December transactions. Do not include explanations. Remember to indent credits. (Do not record adjusting entries at this point.) 2. Post the December transactions to the appropriate ledger accounts (T-Accounts). 3. Prepare the unadjusted trial balance for the year ended December 31. 4. Prepare the necessary adjusting entries for December. 5. Post the December adjusting entries to the appropriate ledger accounts. (Use the same ledger as you did for step 2) 6. Prepare adjusted trial balance for the year ended December 31. (This trial balance will include your account balances after posting your adjusting entries) 7. Prepare financial statements in good form as of December 31, including a statement of cash flows. 1. Journalize the December transactions. Do not include explanations. Remember to indent credits. (Do not record adjusting entries at this point.) 2. Post the December transactions to the appropriate ledger accounts (T-Accounts). 3. Prepare the unadjusted trial balance for the year ended December 31. 4. Prepare the necessary adjusting entries for December. 5. Post the December adjusting entries to the appropriate ledger accounts. (Use the same ledger as you did for step 2) 6. Prepare adjusted trial balance for the year ended December 31. (This trial balance will include your account balances after posting your adjusting entries) 7. Prepare financial statements in good form as of December 31, including a statement of cash flows. 1. Journalize the December transactions. Do not include explanations. Remember to indent credits. (Do not record adjusting entries at this point.) 2. Post the December transactions to the appropriate ledger accounts (T-Accounts). 3. Prepare the unadjusted trial balance for the year ended December 31. 4. Prepare the necessary adjusting entries for December. 5. Post the December adjusting entries to the appropriate ledger accounts. (Use the same ledger as you did for step 2) 6. Prepare adjusted trial balance for the year ended December 31. (This trial balance will include your account balances after posting your adjusting entries) 7. Prepare financial statements in good form as of December 31, including a statement of cash flows. 1. Journalize the December transactions. Do not include explanations. Remember to indent credits. (Do not record adjusting entries at this point.) 2. Post the December transactions to the appropriate ledger accounts (T-Accounts). 3. Prepare the unadjusted trial balance for the year ended December 31. 4. Prepare the necessary adjusting entries for December. 5. Post the December adjusting entries to the appropriate ledger accounts. (Use the same ledger as you did for step 2) 6. Prepare adjusted trial balance for the year ended December 31. (This trial balance will include your account balances after posting your adjusting entries) 7. Prepare financial statements in good form as of December 31, including a statement of cash flows