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:

Ecological Systems Theory

A theory proposed by Urie Bronfenbrenner, suggesting that human development is influenced by different kinds of environmental systems ranging from the immediate family and school settings to broader community and society levels.

Microsystem

Microsystem refers to the closest layer of the social environments in an individual's life, such as family and school, and the interactions within these settings.

Intrapychic Conflict

An internal struggle arising from opposing demands or impulses within an individual's mind.

Prosocial Behaviors

Voluntary actions that are intended to help or benefit another person or group of people without expecting anything in return.