Completing the Accounting Cycle
Learn year-end accounting processes, including adjusting and closing entries, income statement preparation, and balance sheet creation. Master the procedure for recording closing entries and prepare a post-closing trial balance. Enhance your accounting skills with this comprehensive course.
Students prepare statements relevant to year end accounting processes synthesizing what they have learned in the previous two courses. Specific topics include adjusting entries, closing entries (with a focus on the adjustment to retained earnings), the preparation of an income statement, retained earnings statement, and a balance sheet, and the procedure for recording the four closing entries. Students will also learn how to prepare the post-closing trial balance.
User Reviews
Be the first to review “Completing the Accounting Cycle”
You must be logged in to post a review.
There are no reviews yet.