Question: List the required steps in the accounting cycle in sequence. BE 4 . 8 ( LO 3 ) , K The steps in the accounting
List the required steps in the accounting cycle in sequence.
BELO K The steps in the accounting cycle are listed in random order below. List the steps in proper sequence, assuming no worksheet is prepared, by placing numbers in the blank spaces.
Prepare a trial balance.
Journalize the transactions.
Journalize and post closing entries.
Prepare financial statements.
Journalize and post adjusting entries.
Post to ledger accounts.
Prepare a postclosing trial balance.
Prepare an adjusted trial balance.
Analyze business transactions.
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