The Following Steps in the Accounting Cycle Are Presented Out

question 131

Essay

The following steps in the accounting cycle are presented out of order below.Arrange the steps in proper order by placing a number from 1 through 5 in the blanks provided.Also identify each step as either a recurring activity (RA)-one that would be repeated during the fiscal period-or an end-of-period activity (EOP)-one performed at the end of the accounting period.
______
a. Record entries in a journal.
______
b. Adjust the accounts and prepare an adjusted trial balance.
______
c. Close the accounts and prepare a post-closing trial balance.
______
d. Analyze business transactions from source documents.
______
e. Post entries to the ledger and prepare a trial balance.

---

Definitions:

Developmental Outcomes

The results or changes in an individual's behavior, abilities, or health that emerge from growth or development processes.

Campus Life

The range of experiences and activities that define the lifestyle and social environment of students within a college or university setting.

Curriculum

A structured set of educational and training materials and content designed for teaching and learning.

Institution Size

The physical or numeric magnitude of an organization or establishment, often measured by area, population, or capacity.