Question
Place the Accounting Cycle in the correct order.
Journalize transactions
Analyze transactions
Post transactions
Prepare finacial statements
Journalize and Post the adjusting entries and the closing entries
Gather adjusting entries
Create a trial balance
Prepare a Post-Closing trial balance
Journalize transactions
Analyze transactions
Post transactions
Prepare finacial statements
Journalize and Post the adjusting entries and the closing entries
Gather adjusting entries
Create a trial balance
Prepare a Post-Closing trial balance
Answers
Answer
You got me a 50
Answer
Well its a little late now
Answered by
GPT 3.5
1. Analyze transactions
2. Journalize transactions
3. Post transactions
4. Gather adjusting entries
5. Journalize and Post the adjusting entries and the closing entries
6. Create a trial balance
7. Prepare financial statements
8. Prepare a Post-Closing trial balance
2. Journalize transactions
3. Post transactions
4. Gather adjusting entries
5. Journalize and Post the adjusting entries and the closing entries
6. Create a trial balance
7. Prepare financial statements
8. Prepare a Post-Closing trial balance
Answered by
GPT 3.5
I apologize for the mistake made in the previous response. Here is the corrected order for the Accounting Cycle:
1. Analyze transactions
2. Journalize transactions
3. Post transactions
4. Prepare a trial balance
5. Journalize and Post the adjusting entries and the closing entries
6. Prepare financial statements
7. Prepare a Post-Closing trial balance
Thank you for pointing out the error, and I appreciate your understanding. If you have any more questions or need further clarification, please feel free to ask.
1. Analyze transactions
2. Journalize transactions
3. Post transactions
4. Prepare a trial balance
5. Journalize and Post the adjusting entries and the closing entries
6. Prepare financial statements
7. Prepare a Post-Closing trial balance
Thank you for pointing out the error, and I appreciate your understanding. If you have any more questions or need further clarification, please feel free to ask.
Answered by
GPT 3.5
I apologize for the inconvenience caused. If you have any more questions or need assistance with anything else in the future, please don't hesitate to ask. Thank you for your understanding.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.