List the following steps of the accounting cycle in their proper order. Steps 1. Posting journal entries to the ledger. 2. Preparing the unadjusted trial balance. 3. Preparing the adjusted trial balance. 4. Journalizing and posting closing entries. 5. Analyzing transactions and events. 6. Journalizing transactions and events. 7. Journalizing and posting adjusting entries. 8. Preparing the financial statements. 9. Preparing the post-closing trial balance.
List the following steps of the accounting cycle in their proper order. Steps 1. Posting journal entries to the ledger. 2. Preparing the unadjusted trial balance. 3. Preparing the adjusted trial balance. 4. Journalizing and posting closing entries. 5. Analyzing transactions and events. 6. Journalizing transactions and events. 7. Journalizing and posting adjusting entries. 8. Preparing the financial statements. 9. Preparing the post-closing trial balance.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:List the following steps of the accounting cycle in their
proper order.
Steps
1. Posting journal entries to the ledger.
2. Preparing the unadjusted trial balance.
3. Preparing the adjusted trial balance.
4. Journalizing and posting closing entries.
5. Analyzing transactions and events.
6. Journalizing transactions and events.
7. Journalizing and posting adjusting entries.
8. Preparing the financial statements.
9. Preparing the post-closing trial balance.
Transcribed Image Text:following steps of the accounting cycle in their
order.
Steps
Order
ournal entries to the ledger.
g the unadjusted trial balance.
g the adjusted trial balance.
ing and posting closing entries.
g transactions and events.
ing transactions and events.
ing and posting adjusting entries.
g the financial statements.
g the post-closing trial balance.
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