1. Analyze Transactions
2. Journalize Transactions
3. Post Transactions
4. Create a Trial Balance
5. Gather Adjusting Entries
6. Journalize and Post the Adjusting Entries and the Closing Entries
7. Prepare a Post-Closing Trial Balance
8. Prepare Financial Statements
There are 8 phases in the Accounting Cycle. Place them in the appropriate order
Prepare a Post - Closing Trail Balance
Analyze Transactions
Create a Trial Balance
Journalize Transactions
Gather Adjusting Entries
Post Transactions
Journalize and Post the Adjusting Entries and the Closing Entries
Prepare Financial Statements
1 answer