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9 Steps of the Accounting Cycle by adeebaa480 is a document available to read on EtoBox.

What is 9 Steps of the Accounting Cycle about?

The accounting cycle is a 9 step process that accounts for business transactions from initial collection through the preparation of financial statements. The 9 steps are: 1) collection of transactions, 2) recording transactions in journal entries, 3) posting entries to ledger accounts, 4) preparing an unadjusted trial balance, 5) preparing adjusting entries, 6) preparing an adjusted trial balance, 7) preparing financial statements, 8) preparing closing entries, and 9) preparing a post-closing trial balance.

Author
adeebaa480
Language
EN