1. Identification and measurement of transactions and events required to be recognized;
2. Journalization;
3. Posting from the jounals to the ledgers;
4. Development of a trial balance;
5. Adjustment to produce an adjusted trial balance;
6. Statement presentation;
7. Closing;
8. Taking a post-closing trial balance (optional)
9. Making reversing entires (Optional)
My puprose is to provide a conceptual framework for those who wish to systematically describe in their resume or at interview duties in an accounting cycle.Trust most will know what to do in each step. If not, then an introductory accounting course is recommended.
-goingconern(GoingConcern);
2010-9-22{108}(#48095@41)
问一个白痴的问题, BANK REC 在其中的第几个步骤啊?
-kk21(KK21);
2012-10-10(#68180@41)
Bank Rec. is not a part of Accrual Cycle,A Bank Reconciliation Statement is prepared periodically to reconcile the two balances ( your actual bank account and your book account )and explain the reasons for the difference between them.
-jasmine.zhang(花茶);
2012-10-10{193}(#68182@41)