Week 4 CheckPoint-Preparing Balance Sheets and Statements

Week 4 CheckPoint-Preparing Balance Sheets and Statements -...

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Week 4 CheckPoint-Preparing Balance Sheets and Statements Melissa Krol QS 4-2 Identifying the accounting cycle C2 List the following steps of the accounting cycle in their proper order: a. Preparing the post-closing trial balance. b. Posting the journal entries. c. Journalizing and posting adjusting entries. d. Preparing the adjusted trial balance. e. Journalizing and posting closing entries. f. Analyzing transactions and events. g. Preparing the financial statements. h. Preparing the unadjusted trial balance. i. Journalizing transactions and events. f. Analyzing transactions and events. i. Journalizing transactions and events. b. Posting the journal entries. h. Preparing the unadjusted trial balance. c. Journalizing and posting adjusting entries. d. Preparing the adjusted trial balance. g. Preparing the financial statements. e. Journalizing and posting closing entries. a. Preparing the post-closing trial balance. An optional step is to reverse certain adjustment for the next period.
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Week 4 CheckPoint-Preparing Balance Sheets and Statements -...

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