169. Beachside Realty rents condominiums and furnishings. It’s adjusted trial balance at December 31, 2011, is as follows: 170. The following are all the steps in the accounting cycle. List them in...





169. Beachside Realty rents condominiums and furnishings. It’s adjusted trial balance at December 31, 2011, is as follows:




170. The following are all the steps in the accounting cycle. List them in the order in which they should be done.


- Closing entries are journalized and posted to the ledger.
- An unadjusted trial balance is prepared.
- An optional end-of-period spreadsheet (work sheet) is prepared.
- A post-closing trial balance is prepared.
- Adjusting entries are journalized and posted to the ledger.
- Transactions are analyzed and recorded in the journal.
- Adjustment data are assembled and analyzed.
- Financial statements are prepared.
- An adjusted trial balance is prepared.
- Transactions are posted to the ledger.







May 15, 2022
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