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    derrick2007's Avatar
    derrick2007 Posts: 2, Reputation: 1
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    #1

    Nov 12, 2007, 11:26 PM
    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
    derenda's Avatar
    derenda Posts: 24, Reputation: -2
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    #2

    Feb 12, 2009, 09:15 PM

    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
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #3

    Feb 13, 2009, 05:47 PM

    Looks like the correct sequence to me

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