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Author Question: Transactions are first recorded in the journal and then posted to the general ... (Read 68 times)

geoffrey

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on: Jul 5, 2018
Transactions are first recorded in the journal and then posted to the general ledger.

Question 2

Which of the following steps of the accounting cycle are in the correct order?
 a. prepare a trial balance, post to general ledger accounts, journalize adjusting and closing entries
   b. make adjustments, complete a work sheet, post to general ledger accounts
   c. prepare financial statements, make adjustments, prepare a trial balance
   d. prepare a trial balance, make adjustments, prepare financial statements


meganmoser117

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Reply #1 on: Jul 5, 2018
Answer to Question 1

Saved me massive time.

Answer to Question 2

d


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