Programe Course ( * * , )

ACCOUNTING CYCLE

recording and processing the accounting events of a company. The series of steps begin when a transaction occurs and end with its inclusion in the financial statements. The nine steps of the accounting cycle are: 

1. Collecting and analyzing data from transactions and events.
3. Posting entries to the general ledger.
4. Preparing an unadjusted trial balance.
5. Adjusting entries appropriately.
6. Preparing an adjusted trial balance.
7. Organizithe accounts into the financial statements.
8. Closing the books.
9. Preparing a post-closing trial balance to check the accounts.