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3 years ago

Steps in the Accounting Cycle Listed below, out of order, are the steps in an accounting cycle.

Business

1 answer:

sasho [114]3 years ago

5 0

Answer:

Steps in the Accounting Cycle

a) The order in which the steps in the accounting cycle are performed is:

3, 6, 2, 1, 4, 8, 5, 9, 7

b) The steps in the accounting cycle that occur daily are:

2, 3, & 6

Explanation:

The correct ordered steps in the account cycle are:

3. Analyze transactions from source documents.

6. Record transactions in a journal.

2. Post journal entries to general ledger accounts.

1. Prepare the unadjusted trial balance.

4. Journalize and post adjusting entries.

8. Prepare the adjusted trial balance.

5. Prepare the financial statements.

9. Journalize and post closing entries.

7. Prepare the post-closing trial balance.

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mel-nik [20]

Answer:

A. Entrepreneurship

Explanation:

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4 years ago

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Naddik [55]

Answer:

The restaurant industry employed 12.9 people

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Explanation:

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3 years ago

Read 2 more answers

Gangsta Industries,INC produces a variety of anti-crime and safety products such as burglar alarms, smoke detectors, surveillanc

elena55 [62]

Answer:

Customer type.

Explanation:

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3 years ago

Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.

kherson [118]

Answer:

Loss

Explanation:

Because she started with 860.00 then ended with 300

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3 years ago

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Gennadij [26K]

Answer:

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