acc 225 week 4 checkpoint

acc 225 week 4 checkpoint - 11/21/09

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11/21/09 LIST THE FOLLOWING STEPS OF THE ACCOUNTING CYCLE IN THEIR PROPER ORDER: F ANAYLYZING TRANSACTIONS AND EVENTS. I JOURNAL 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 POS-CLOSING TRIAL BALANCE.
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ADUSTED TRIAL INCOME STATEMENT DEBIT CREDIT DEBIT CREDIT DEBIT CASH  7,000.00   7,000.00  ACCOUNTS RECEIVABLE  16,500.00   16,500.00  OFFICE SUPPLIES  2,000.00   2,000.00  TRUCKS  170,000.00   170,000.00  ACCUMULATED DEPRECIATION - TRUCKS  35,000.00  LAND  75,000.00   75,000.00  ACCOUNTS PAYABLE  11,000.00  INTEREST PAYABLE  3,000.00  LONG-TERM NOTES PAYABLE  52,000.00  K. WEBB, CAPITAL  161,000.00  K. WEBB, WITHDRAWALS  19,000.00   19,000.00  TRUCKING FEES EARNED  128,000.00 
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This note was uploaded on 10/16/2010 for the course ACC test taught by Professor Test during the Spring '10 term at University of Phoenix.

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acc 225 week 4 checkpoint - 11/21/09

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