The Steps in the Accounting Cycle Are Shown Below

question 162

Short Answer

The steps in the accounting cycle are shown below. List them in the correct order in which they are completed:
Prepare adjusted trial balance
Post transactions
Prepare an unadjusted trial balance
Journalize transactions
Prepare the financial statements
Close the temporary accounts
Adjust the ledger accounts
Prepare a post-closing trial balance
Analyze transactions

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Definitions:

Optical Storage

A type of disk storage that uses lasers and lights to read and write data, such as CDs and DVDs, characterized by their high capacity and durability.

Hard Drives

Storage devices used for saving, retrieving, and holding data persistently, including your operating system, software applications, and personal files.

Input Devices

Hardware devices used to enter data or instructions into a computer or other electronic systems, such as keyboards, mice, and scanners.

Human Intervention

Human intervention is the process of human beings taking action or influencing a process, system, or activity, often to correct or improve its operation or outcome.