Closing is behind the procecess of_____.
A: adjusting the accounts
B: preparation of financial statement
C: preparation of trial balance
D: post the general ledger
A: adjusting the accounts
B: preparation of financial statement
C: preparation of trial balance
D: post the general ledger
举一反三
- What is the specific order of the recording process? A: Journal, trial balance, financial statements, ledger, transaction documentation B: Transaction documentation, journal, ledger, trial balance, financial statements C: Transaction documentation, ledger, journal, trial balance, financial statements D: Trial balance, financial statements, ledger, journal, transaction documentation E: Ledger, journal, transaction documentation, trial balance, financial statements
- Accounting cycle usually can be divided into the following steps:(1) from source documents.(2)Applying double-entry system to .(3) the entries in the journals into the general(and the subsidiary) ledger accounts.(4) the general ledger accounts.(5) ，journalizing and posting them into ledger accounts.(6)Preparing a .(7)Preparing . A: Analyzing transactions B: record transactions in journals C: Posting D: Adjusting E: Making closing entries F: trial balance G: financial statements
- Which accounts appear on which financial statement? Balance sheet Income statement
- Translate the following special term into English.“结账分录” A: Adjusting Entry B: Closing Entry C: General ledger D: Depreciable Cost
- Which ONE of the following is NOT a reason for producing a trial balance? A: To help with the preparation of the financial statements B: To identify if there are any errors of principle C: To help summarise the accounting transactions to date D: To identify if there are any errors of single entry