Question: Brief Exercise 4-15 Your answer is incorrect. Try again. The required steps in the accounting cycle are listed in random order below. List the steps
Brief Exercise 4-15
| Your answer is incorrect. Try again. | |
The required steps in the accounting cycle are listed in random order below. List the steps in proper sequence.
| (a) | Prepare a post-closing trial balance. | select the proper step number Step 1Step 2Step 3Step 4Step 5Step 6Step 7Step 8Step 9 | ||
|---|---|---|---|---|
| (b) | Prepare an adjusted trial balance. | select the proper step number Step 1Step 2Step 3Step 4Step 5Step 6Step 7Step 8Step 9 | ||
| (c) | Analyze business transactions. | select the proper step number Step 1Step 2Step 3Step 4Step 5Step 6Step 7Step 8Step 9 | ||
| (d) | Prepare a trial balance. | select the proper step number Step 1Step 2Step 3Step 4Step 5Step 6Step 7Step 8Step 9 | ||
| (e) | Journalize the transactions. | select the proper step number Step 1Step 2Step 3Step 4Step 5Step 6Step 7Step 8Step 9 | ||
| (f) | Journalize and post closing entries. | select the proper step number Step 1Step 2Step 3Step 4Step 5Step 6Step 7Step 8Step 9 | ||
| (g) | Prepare financial statements. | select the proper step number Step 1Step 2Step 3Step 4Step 5Step 6Step 7Step 8Step 9 | ||
| (h) | Journalize and post adjusting entries. | select the proper step number Step 1Step 2Step 3Step 4Step 5Step 6Step 7Step 8Step 9 | ||
| (i) | Post to ledger accounts. | select the proper step number Step 1Step 2Step 3Step 4Step 5Step 6Step 7Step 8Step 9 |
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