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-   -   Accounting steps for the accounting cycle (https://www.askmehelpdesk.com/showthread.php?t=151481)

  • Nov 12, 2007, 11:26 PM
    derrick2007
    Accounting steps for the accounting cycle
    I think I wrote all the steps wrong can someone correct them for me thanks.

    List the following steps of the accounting cycle in their proper order:
    a) Preparing the post-closing trial balance.9
    b) Posting the journal entries
    c) Journalizing and posting adjusting entries
    d) Preparing the adjusted trial balances
    e) Journalizing and posting closing entries
    f) Analyzing transactions and events.
    g) Preparing the financial statements
    h) Preparing the unadjusted trial balances
    I) Journalizing transactions events
  • Feb 12, 2009, 09:15 PM
    derenda

    The answwe is THE ACCOUNTING CYCLE GOES
    1. ANALYZING TRANSACTION
    2. JOURNALIZE
    3. POST
    4. PREPARING UNADJUSTED TRIAL BALANCES
    5. aDJUST
    6. pREPARE ADJUSTED TRAIL BALANCE
    7. prepare statement
    8. close
    9. prepare post-cloing trial balance
    10. Reverse

    Don't think I was yelling just didn't feel like retyping
  • Feb 13, 2009, 05:47 PM
    pready

    Looks like the correct sequence to me

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