Which step is taken at the end of the accounting period? a. analyze source documents b. post to ...

Author Question: Which step is taken at the end of the accounting period? a. analyze source documents b. post to ... (Read 91 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

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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

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