Steps in Accounting Cycle

Put in order use letters

a.     An unadjusted trial balance is prepared.

b.     Transactions are posted to the ledger.

c.     Transactions are analyzed and recorded in the journal.

d.     An optional end-of-period spreadsheet (work sheet) is prepared.

e.     An adjusted trial balance is prepared.

f.      Financial Statements are prepared.

g.     A post-closing trial balance is prepared.

h.     Adjustment data are assembled and analyzed.

i.      Closing entries are journalized and posted to the ledger.

j.      Adjusting entries are journalized and posted to the ledger.