B-04.06 Worksheet

B-04.06 Worksheet - Journal entries are posted to...

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Name: Date: Section: B-04.06 You can either complete this problem by manually redrawing (or cutting and pasting) the shapes, or you can use the Excel file and simply drag and drop the flowchart symbols into the correct sequence. Transactions are recorded in the journal Financial statements are produced
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Unformatted text preview: Journal entries are posted to appropriate ledger accounts An adjusted trial balance is prepared A trial balance is constructed Adjusting entries are prepared and posted Closing entries are recorded in the journal and posted to the ledger A post-closing trial balance is prepared...
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This note was uploaded on 02/29/2012 for the course ACCOUNTING 101 taught by Professor Hudack during the Spring '11 term at FIU.

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