click below
click below
Normal Size Small Size show me how
ACCT110 ACCT CYCLE
10 STEPS IN CYCLE
Term | Definition |
---|---|
1 | Analyze transactions |
2 | Journalize |
3 | Post |
4 | Prepare unadjusted trial balance |
5 | Adjust |
6 | Prepare an adjusted trial balance |
7 | Prepare statements |
8 | Close |
9 | Prepare a post-closing trial balance. |
10 | Reverse (optional) |