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The following are all the steps in the accounting cycle. List them in the order in which they should be done ( 1 to 10 ). - Closing entries are journalized and posted to the ledger. - An unadjusted trial balance is prepared. - An optional end-of-period spreadsheet (work sheet) is prepared. - A post-closing trial balance is prepared. - Adjusting entries are journalized and posted to the ledger. - Transactions are analyzed and recorded in the journal. - Adjustment data are assembled and analyzed. - Financial statements are prepared. - An adjusted trial balance is prepared. - Transactions are posted to the ledger.

Ask by Ruiz Stephens. in the United States
Feb 04,2025

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Here are the accounting cycle steps in order: 1. Record transactions in the journal. 2. Post transactions to the ledger. 3. Prepare an unadjusted trial balance. 4. Assemble and analyze adjustment data. 5. Journalize and post adjusting entries. 6. Prepare an adjusted trial balance. 7. Prepare an optional end-of-period spreadsheet. 8. Prepare financial statements. 9. Journalize and post closing entries. 10. Prepare a post-closing trial balance.

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1. Transactions are analyzed and recorded in the journal. 2. Transactions are posted to the ledger. 3. An unadjusted trial balance is prepared. 4. Adjustment data are assembled and analyzed. 5. Adjusting entries are journalized and posted to the ledger. 6. An adjusted trial balance is prepared. 7. Financial statements are prepared. 8. Closing entries are journalized and posted to the ledger. 9. A post-closing trial balance is prepared. 10. An optional end-of-period spreadsheet (work sheet) is prepared.

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