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MERLOT II

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Accounting Cycle

Bookmark Collection:  Accounting Cycle

Bookmark Collection Description:
The Accounting Cycle is a series of steps which are repeated every reporting period. The process starts with making accounting entries for each transaction and goes through closing the books.
Date Added to MERLOT: November 24, 2007
Created by: Rudy Lopes
License: Creative Commons License
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Delete the item My Accounting Cycle - Flash Cards from this Bookmark Collection
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1.
(Drill and Practice)
Use these flash cards to practice your grasp of debits, credits, the journaling process,... More
Delete the item Accounting Cycle Overview from this Bookmark Collection
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2.
(Tutorial)
The Accounting Cycle is a series of steps which are repeated every reporting period. The... More
Delete the item Adjusting Entries in Accounting from this Bookmark Collection
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3.
(Tutorial)
Adjusting Entries are journal entries that are made at the end of the accounting period to... More
Delete the item Balancing an Unbalanced Trial Balance from this Bookmark Collection
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4.
(Tutorial)
Preparing a trial balance is a key step in the accounting cycle, but what do you do if... More
Delete the item Chart of Accounts from this Bookmark Collection
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5.
(Tutorial)
The chart of accounts is a numerical listing of all identified accounts used by a company... More
Delete the item General Ledger Accounting from this Bookmark Collection
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6.
(Tutorial)
The general ledger is where all accounting transactions are posted in a double entry... More
Delete the item Preparing a Trial Balance from this Bookmark Collection
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7.
(Tutorial)
After entering your transactions, preparing a trial balance is the next step in the... More
Delete the item Overview of Financial Statements from this Bookmark Collection
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8.
(Tutorial)
After preparing your adjusted trial balance, the next step in the accounting cycle is to... More
Delete the item Debits and Credits from this Bookmark Collection
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9.
(Tutorial)
The most critical concept for any accounting student to master is an understanding of... More
Delete the item Accounting Cycle Quiz from this Bookmark Collection
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10.
(Drill and Practice)
Review accounting cycle terms and definitions like adjusting entries, the chart of... More