Accounting: Ch 6 Accounting Cycle
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