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July 28, 2014

Homework Help: accouting class

Posted by student acc on Thursday, November 15, 2007 at 8:06pm.

Is this order correct for the accouting cycle:
1. Analyzing transactions and events
2. Journalizing transactions and events
3. Posting the journal entries
4. Preparing an unadjusted trial balance
5. Journalizing and posting adjusting entries
6. Preparing the adjusted trial balance
7. Preparing the financial statements
8. Journalizing and posting closing entries
9. Preparing and post-closing trial balance

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