Date post: | 13-May-2015 |
Category: |
Education |
Upload: | extrakiller |
View: | 136 times |
Download: | 0 times |
Documentary records
Steps of the accounting cycle 1. Making source documents2. Journalize transactions from source
documents as they occur. 3. Post debit and credit entries from the
general journal to the general ledger accounts.
4. Total account balances and prepare a trial balance.
5. Prepare financial statements and present them to the users.