« previous next »

Author Question: Transactions are first recorded in the journal and then posted to the general ... (Read 76 times)

geoffrey

  • Hero Member
  • *****
  • Posts: 880
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

  • Sr. Member
  • ****
  • Posts: 303
Reply #1 on: Jul 5, 2018
Answer to Question 1

Saved me massive time.

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

The general survey includes assessing every patient for signs of distress. The general survey includes assessing every patient for signs of distress.
General Motors, Cadillac Fleetwood. General Motors, Cadillac Fleetwood.
A symbol showing an engine with an arrow pointing down is used on some General Motors vehicles to ... A symbol showing an engine with an arrow pointing down is used on some General Motors vehicles to ...
Write the equation in general form of the line passing through the point Write the equation in general form of the line passing through the point
The nurse begins the general survey The nurse begins the general survey
General Mathematics General Mathematics
Video: Primary and secondary response to infection

For a complete list of videos, visit our video library