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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Exercise 4-26 The Accounting Cycle
The steps in the accounting cycle are listed in random order. Fill in the blank next to each step to indicate its order in the cycle. The first step in the cycle is filled in as an example.
Order                                                      Procedure
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                    Prepare a work  sheet.
                    Close the accounts.
      1           Collect and analyze information from source  documents.
                    Prepare financial statements.
                    Post transactions to accounts in the  ledger.
                    Record and post adjusting  entries.
                    Journalize daily transactions.
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