Question: We have to solved it with calculation not essay Accounting Cycle Project You are requested to use your assumed business to prepare an accounting cycle

We have to solved it with calculation not essay

Accounting Cycle Project You are requested to use your assumed business to prepare an accounting cycle project which include the 9 steps Step 1 - Analyze Business ansactions (Accounting Cycle) Assume that you are the Financial Accountant 01' a newly started business from your chosen in August 2020: You are requested to assume the chosen business transactions during the month of August 2020 and analyze it by shown the impact of these transactions on the accounting equation! Step 2 Accounting Cycle - journalize Business Transactions You are requested to journalize the assumed transactions for your chosen business during the month of August 2020! STEP 3 ACCOUNTING CYCLE- Posting or Ledgerlng the journal entries You are requested to Posting or Ledgering the journal entries the assumed transactions for your chosen business during the month of August 2020! STEP 4 ACCOUNTING CYCLE -Preparing Trial Balance You are requested to Preparing Trial Balance the assumed transactions for your chosen business during the month of August 2020! Step 5 Accounting Cycle -journalize and Post Adjustments You are requested to Performing adjusting the assumed transactions for your chosen business during the month of August 2020! Step 6 Accounting Cycle- Laying down adjusted trial balance You are requested to Laying down adjusted trial balance the assumed transactions for your chosen business during the month of August 2020! Step 7 Accounting Cycle - Prepare Financial Statements You are requested to Prepare Financial Statements the assumed transactions for your chosen business during the month of August 2020! Step 8 Accounting Cycle Book Closing You are requested toBook Closing the assumed transactions for your chosen business during the month of August 2020! Step 9 Accounting Cycle-Post-closing trial balance You are requested to Post-closing trial balance the assumed transactions for your chosen business during the month of August 2020! Conclusion: i need Analyze Business Transactions+journallze the Transactions +Posting or Ledgering the journal entries+Preparing Trial Balance+journalize and Post Adjustments+Laying down adjusted trial balance+Prepare Financial Statements+Book Closing+closing trial balance

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