Week 10 Question

The following contains the steps of the financial reporting process.

 Make adjusting entries

 Prepare the financial statements

 Post to the subsidiary ledger

 Prepare the adjusted trial balance

 Journalise and post closing entries

 Journalise and post adjusting entries

 Record transactions in special journals

 Capture the transactions

 Post to the general ledger

 Prepare the unadjusted trial balance

Required:

List the steps in the proper order.