Accounting Cycle Flashcards
1
Q
1
A
Analyze transactions
2
Q
2
A
record in journal
3
Q
3
A
post to ledger
4
Q
4
A
prepare trial balance (unadjusted)
5
Q
5
A
adjust accounts
6
Q
6
A
adjusted trial balance
7
Q
7
A
prepare financial statements
8
Q
8
A
close entries
9
Q
9
A
post closing trial balance
