Accounting Cycle Steps

step five in the accounting cycle

journalize and post adjusting entries

step eight in the accounting cycle

journalize and post closing entries

step two in the accounting cycle

journalize the transactions

step three in the accounting cycle

post to ledger accounts

the final step in the accounting cycle

prepare a post-closing trial balance

step four in the accounting cycle

prepare a trial balance

step six in the accounting cycle

prepare an adjusted trial balance

step seven in the accounting cycle

prepare financial statements

Step one in the accounting cycle

analyze business transactions