The steps in the accounting cycle are identify transactions, recording transactions in a preparing a financial st

April 16, 2023April 16, 2023 Discipline: Accounting
Learning Goal: I’m working on a accounting test / quiz prep and need the explanation and answer to help me learn.

The steps in the accounting cycle are identifying transactions, recording transactions in a journal, posting the transactions, preparing the unadjusted trial balance, analyzing the worksheet, adjusting journal entry discrepancies, preparing a financial statement, and closing the books.

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