the eight steps in the accounting cycle are listed below indicate the order in which 4352217

 

The eight steps in the accounting cycle are listed below. Indicate the order in which they occur.

 

a.Prepare post-closing summary of account balances

b.Post transactions to ledger accounts

c.Record transactions in journals

d.Prepare adjusting entries at end of period and post to ledger accounts

e.Close revenue and expense accounts to retained earnings

f.Prepare summary of account balances

g.Prepare balance sheet and statement of cash flows

h.Prepare income statement from revenue and expense account balances

39.Step 1

40.Step 2

41.Step 3

42.Step 4

43.Step 5

44.Step 6

45.Step 7

46.Step 8

 

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