« previous next »

Author Question: Which step is taken at the end of the accounting period? a. analyze source documents b. post to ... (Read 73 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?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Otitis media. This illustration shows an inflamed tympanic cavity, which is the most common source o Otitis media. This illustration shows an inflamed tympanic cavity, which is the most common source o
This military command post is in South Korea, with both U.S. and South Korean personnel. South Korea ... This military command post is in South Korea, with both U.S. and South Korean personnel. South Korea ...
Anthropocene Period Anthropocene Period
Nuts are also a good source of dietary fibre Nuts are also a good source of dietary fibre
Growth Accounting for Europe, A.D. 500–1700 Growth Accounting for Europe, A.D. 500–1700
Embryonic Period Embryonic Period
Video: Apicomplexan life cycle Animation

For a complete list of videos, visit our video library