Question

below are the eight steps of the accounting cycle. put them in order 1. post transactions to a general ledger. 2. close the books. 3. identify and analyze transactions. 4. create financial statements. 5. determine the unadjusted trial balance. 6. record transactions in a journal. 7. analyze the worksheet. 8. adjust journal entries and fix any errors.

Explanation:

The accounting cycle begins with identifying and analyzing transactions. Then transactions are recorded in a journal. After that, they are posted to a general ledger. Next, the unadjusted trial balance is determined. Then journal entries are adjusted and errors fixed. After that, the worksheet is analyzed. Then financial statements are created. Finally, the books are closed.

Answer:

1. Identify and analyze transactions, 6. Record transactions in a journal, 1. Post transactions to a general ledger, 5. Determine the unadjusted trial balance, 8. Adjust journal entries and fix any errors, 7. Analyze the worksheet, 4. Create financial statements, 2. Close the books.