The steps in the accounting cycle are listed in random, Ask an Expert

Accounting

The steps in the accounting cycle are listed in random order. Fill in the blank next to each step to indicate its order in the cycle. The first Step in the cycle is filled in as an example.

ORDER PROCEDURE

Prepare a work sheet.
Close the accounts.
Collect and analyze information from source documents
Prepare financial statements.
Post transactions to accounts in the ledger.
Record and post adjustments
Journalize daily transactions

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9956730

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