Place the Accounting Cycle in the correct order.
Journalize transactions
Analyze transactions
Post transactions
Prepare finacial statements
Journalize and Post the adjusting entries and the closing entries
Gather adjusting entries
Create a trial balance
Prepare a Post-Closing trial balance
1. Analyze transactions
2. Journalize transactions
3. Post transactions
4. Gather adjusting entries
5. Journalize and Post the adjusting entries and the closing entries
6. Create a trial balance
7. Prepare financial statements
8. Prepare a Post-Closing trial balance
You got me a 50
I apologize for the mistake made in the previous response. Here is the corrected order for the Accounting Cycle:
1. Analyze transactions
2. Journalize transactions
3. Post transactions
4. Prepare a trial balance
5. Journalize and Post the adjusting entries and the closing entries
6. Prepare financial statements
7. Prepare a Post-Closing trial balance
Thank you for pointing out the error, and I appreciate your understanding. If you have any more questions or need further clarification, please feel free to ask.