What is the first step of the Accounting Cycle
Accounting Cycle
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Accounting Cycle
Quiz
•
Business
•
9th - 12th Grade
•
Hard
Travisray Salyers
Used 10+ times
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Posting
Journalizing
Preparing Financial Statements
Analyzing Transactions
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the second step of the Accounting Cycle
Preparing a Post-Closing Trial Balance
Prepare Work Sheet
Posting
Journalizing
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the third step of the Accounting Cycle
Prepare Work Sheet
Posting
Journalizing
Journalize and Post Adjusting Entries
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the fourth step of the Accounting Cycle
Prepare Financial Statements
Posting
Prepare Work Sheet
Adjustments
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the fifth step of the Accounting Cycle?
Posting
Journalizing & Post Adjusting Entries
Journalize & Post Closing Entries
Prepare a Post-Closing Trial Balance
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the sixth step of the Accounting Cycle?
Prepare Financial Statements
Journalize & Post Closing Entries
Journalize & Post Adjusting Entries
Prepare Work Sheet
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the seventh step of the Accounting Cycle?
Journalize & Post
Journalize & Post Adjusting Entries
Journalize & Post Closing Entries
Closing Entries
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the eighth step of the Accounting Cycle?
Prepare a Post-Closing Trial Balance
Trial Balance
Adjustments
Closing
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