Accounting Cycle
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The final step of the accounting cycle
journalize closing entries and prepare post closing trial basis
The fourth step of the accounting cycle
prepare financial statements
Accounting Cycle
a sequence of activities undertaken by accountants to accumulate and report the financial information of a business
The first step of the accounting cycle
analyze transactions from source documents
the third step of the accounting cycle
journalize adjusting entries and prepare adjusted trial balance
The second step of the accounting cycle
journalize transaction and prepare adjusted trial balance