The required steps in the accounting cycle are listed below in random order. List the steps in
Question:
The required steps in the accounting cycle are listed below in random order. List the steps in the correct order by writing the numbers 1 to 9 in the blank spaces.
(1) Prepare a post-closing trial balance.
(2) Prepare an adjusted trial balance.
(3) Analyze business transactions.
(4) Prepare a trial balance.
(5) Journalize the transactions.
(6) Journalize and post the closing entries.
(7) Prepare the financial statements.
(8) Post to the ledger accounts.
(9) Journalize and post the adjusting entries.
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Related Book For
Accounting Principles Part 1
ISBN: 978-1118306789
6th Canadian edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
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