2 documentary records

Download 2 documentary records

Post on 13-May-2015

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  • 1.Documentary records

2. Steps of the accounting cycle1. Making source documents 2. Journalize transactions from sourcedocuments as they occur. 3. Post debit and credit entries from thegeneral journal to the general ledgeraccounts. 4. Total account balances and prepare a trialbalance. 5. Prepare financial statements and presentthem to the users.