Accounting: Ch 6 Accounting Cycle

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What is the eighth step in the accounting cycle?

Journalize and post closing entries

What is the third step in the accounting cycle?

Journalize each transaction

What is the fourth step in the accounting cycle?

Post to the ledger

What is the ninth and final step of the accounting cycle?

Prepare a post closing trial balance

What is the fifth step in the accounting cycle?

Prepare a trial balance

What is the sixth step in the accounting cycle?

Prepare a worksheet

What is the seventh step in the accounting cycle?

Prepare financial statements

What is the second step in the accounting cycle?

analyze each transaction

what is the first step in the accounting cycle?

Collect and verify source documents


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