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The steps in the accounting cycle are randomly listed below (as covered in Chapters 1-3). (1) Prepare the financial statements. (2) Prepare the adjusting journal entries. (Chapter 3) (3) Prepare the unadjusted
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The steps in the accounting cycle are randomly listed below (as covered in Chapters 1-3). (1) Prepare the financial statements. (2) Prepare the adjusting journal entries. (Chapter 3) (3) Prepare the unadjusted trial balance. (4) Post the journal entries to the ledger. (5) Record the Journal Entries. (6) Prepare an adjusted trial balance. (Chapter 3) (7) Post the adjusting journal entries to the ledger. (Chapter 3) What is the proper order of these steps?

User Krojew
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Answer:

What is the proper order of these steps?

Step-by-step explanation:

(5) Record the Journal Entries.

(4) Post the journal entries to the ledger.

(3) Prepare the unadjusted trial balance.

(2) Prepare the adjusting journal entries. (Chapter 3)

(7) Post the adjusting journal entries to the ledger

(6) Prepare an adjusted trial balance. (Chapter 3)

1) Prepare the financial statements.

User TheLifeOfSteve
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