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    Accounting Environment: steps in the accounting cycle

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    How do I determine the order of the following:

    Prepare a trial balance,
    Journalize and post the closing entries,
    Prepare financial statements.
    Post transaction data to the ledger.
    Prepare an adjusted trial balance.
    Make end-of-period adjustments.
    Journalize transactions.
    Prepare an after-closing trial balance.

    I need to list the steps in the sequence which they would normally be performed.

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    Solution Preview

    The Accounting Cycle is the set of recurring accounting procedures that must be completed for a ...

    Solution Summary

    The solution orders the steps in the process of the accounting cycle.