Question: Accounting Cycle Project You are requested to use your assumed business to prepare a 9 Step accounting cycle project which include the 9 steps. make

Accounting Cycle Project

You are requested to use your assumed business to prepare a 9 Step accounting cycle project which include the 9 steps.

make sure that the transactions include Assets,Liabilities,Share Capital,Revenues,Expenses,Dividends

The business is from your own

Accounting Cycle Project You are requested to use your assumed business to

The Accounting Cycle Learning Objective 4 State the required steps in the accounting cycle. 1. Analyze business transactions 9. Prepare a post-closing trial balance 2. Journalize the transactions 8. Journalize and post closing entries 3. Post to ledger accounts 7. Prepare financial statements 4. Prepare a trial balance 6. Prepare an adjusted trial balance 5. Journalize and post adjusting entries 4-1 Illustration 4-11 Steps in the accounting cycle LO4

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