« previous next »

Author Question: Which step is taken at the end of the accounting period? a. analyze source documents b. post to ... (Read 45 times)

khang

  • Hero Member
  • *****
  • Posts: 569
on: Jul 5, 2018
Which step is taken at the end of the accounting period?
 a. analyze source documents
   b. post to the general ledger accounts
   c. prepare a trial balance
   d. prepare a post-closing trial balance

Question 2

Transactions are first recorded in the general ledger and then posted to the journal.
 
  Indicate whether the statement is true or false


medine

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

khang

  • Hero Member
  • *****
  • Posts: 569
Reply #2 on: Jul 5, 2018
Thank you :)


medine

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jul 5, 2018
Happy to help you


« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

A Model of a Pulsating X-Ray Source A Model of a Pulsating X-Ray Source
The greatest bone mass is found around age 30 for both men and women, with the later decline being f The greatest bone mass is found around age 30 for both men and women, with the later decline being f
Post Care of a Hip Fracture Post Care of a Hip Fracture
The first step in hoisting a vehicle is to properly align the vehicle in the center of the stall. The first step in hoisting a vehicle is to properly align the vehicle in the center of the stall.
Electrophoresis gel in a densitometer. (a) The green light from the slit light source is visible ... Electrophoresis gel in a densitometer. (a) The green light from the slit light source is visible ...
Digital illustration of a fish that was believed to have become extinct during the Cretaceous Period Digital illustration of a fish that was believed to have become extinct during the Cretaceous Period
Video: Bulk flow - factors that influence bulk flow

For a complete list of videos, visit our video library