XACC 280 Week 6 CheckPoint - The Nine Steps of the Accounting Cycle

Checkpoint: The Nine Steps of the Accounting Cycle
• Complete The Nine Steps of the Accounting Cycle multimedia activity.
• Capture the screen of the completed accounting cycle in the multimedia activity
• Write a summary of the nine steps of the accounting cycle, in 100 t o200 words.
Post your screen capture and written summary as an attachment

Preview:
Summary:
“The Nine Steps of The Accounting Cycle” are used in sequence and accounts repeat the steps EVERY accounting cycle. It starts with analyzing the business transactions and ends with preparing a post closing trial balance. According to Weygandt, Kimmel, & Kieso, (2008) the first three steps can sometimes occure daily durring an accounting period.
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