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Accounting Cycle
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Step 1
Analyze transactions.
Step 2
Journalize.
Step 3
Post from journal to ledger.
Step 4
Prepare unadjusted trial balance.
Step 5
Adjust to bring account balances up to date.
Step 6
Prepare adjusted trial balance.
Step 7
Use adjusted trial balance to prepare financial statements.
Step 8
Journalize and post entries to
close temp accounts
.
Step 9
Prepare post-closing trial balance.
Author
Elliott108nl
ID
214152
Card Set
Accounting Cycle
Description
Steps in the Accounting Cycle
Updated
2013-04-18T00:39:16Z
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