BE4.8 (LO 3), K The steps in the accounting cycle are listed in random order below. List the steps in proper sequence, assuming o worksheet is prepared, by placing numbers 1-9 in the blank spaces. Prepare a trial balance. Journalize the transactions. a. b. C. d. e. f. g. h. Journalize and post closing entries. Prepare financial statements. Journalize and post adjusting entries. Post to ledger accounts. Prepare a post-closing trial balance. Prepare an adjusted trial balance.

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 4.4C
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BE4.8 (LO 3), K The steps in the accounting cycle are listed in random order below. List the steps in proper sequence, assuming
no worksheet is prepared, by placing numbers 1-9 in the blank spaces.
Prepare a trial balance.
Journalize the transactions.
Journalize and post closing entries.
Prepare financial statements.
Journalize and post adjusting entries.
Post to ledger accounts.
a.
b.
C.
d.
e.
f.
h.
i.
Prepare a post-closing trial balance.
Prepare an adjusted trial balance.
Analyze business transactions.
Prepare correcting entries.
Transcribed Image Text:BE4.8 (LO 3), K The steps in the accounting cycle are listed in random order below. List the steps in proper sequence, assuming no worksheet is prepared, by placing numbers 1-9 in the blank spaces. Prepare a trial balance. Journalize the transactions. Journalize and post closing entries. Prepare financial statements. Journalize and post adjusting entries. Post to ledger accounts. a. b. C. d. e. f. h. i. Prepare a post-closing trial balance. Prepare an adjusted trial balance. Analyze business transactions. Prepare correcting entries.
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