Biology Forums - Study Force

The steps in the accounting cycle (excluding the preparation of the worksheet) are listed below in random order. List the steps in the proper sequence, inserting the number 1 to 11.

a)   Prepare a postclosing trial balance   ________
b)   Prepare an adjusted trial balance   ________
c)   Analyse transactions as they occur   ________
d)   Prepare an unadjusted trial balance   ________
e)   Compute the adjusted balance in each of
   the ledger accounts   ________
f)   Post the journal entries to the ledger accounts   ________
g)   Journalize adjusting journal entries   ________
h)   Journalize and post closing entries   ________
i)   Prepare financial statements   ________
j)   Compute the unadjusted balance in each of
   the ledger accounts   ________
k)   Journalize the transactions   ________

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