Steps in Accounting cycle - DBA502E-18EX-M07 by TANZ eCampus https://padlet.com/itsupport4/1a0w5h6ely5m DBA502 - Applied Accounting en-us 2018-07-08 23:48:01 UTC 2018-07-27 02:31:24 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Bigthunderstorm.png Close the accounts itsupport4 https://padlet.com/itsupport4/1a0w5h6ely5m/wish/269679684 2018-07-08 23:48:01 UTC https://padlet.com/itsupport4/1a0w5h6ely5m/wish/269679684 Prepare financial statements itsupport4 https://padlet.com/itsupport4/1a0w5h6ely5m/wish/269679685 2018-07-08 23:48:01 UTC https://padlet.com/itsupport4/1a0w5h6ely5m/wish/269679685 Journalise and post adjusting entries itsupport4 https://padlet.com/itsupport4/1a0w5h6ely5m/wish/269679686 2018-07-08 23:48:01 UTC https://padlet.com/itsupport4/1a0w5h6ely5m/wish/269679686 Prepare a trial balance itsupport4 https://padlet.com/itsupport4/1a0w5h6ely5m/wish/269679687 2018-07-08 23:48:01 UTC https://padlet.com/itsupport4/1a0w5h6ely5m/wish/269679687 Post transactions to ledger accounts itsupport4 https://padlet.com/itsupport4/1a0w5h6ely5m/wish/269679688 2018-07-08 23:48:01 UTC https://padlet.com/itsupport4/1a0w5h6ely5m/wish/269679688 Journalise transactions itsupport4 https://padlet.com/itsupport4/1a0w5h6ely5m/wish/269679690 2018-07-08 23:48:01 UTC https://padlet.com/itsupport4/1a0w5h6ely5m/wish/269679690 Collect and analyse info from source docs itsupport4 https://padlet.com/itsupport4/1a0w5h6ely5m/wish/269679691 2018-07-08 23:48:01 UTC https://padlet.com/itsupport4/1a0w5h6ely5m/wish/269679691 Approval stamp on invoices to be paid with date, code, and signature. janine_muir3 https://padlet.com/itsupport4/1a0w5h6ely5m/wish/270962152 Janine]]> 2018-07-24 08:40:32 UTC https://padlet.com/itsupport4/1a0w5h6ely5m/wish/270962152 transactions from invoices are entered in journal janine_muir3 https://padlet.com/itsupport4/1a0w5h6ely5m/wish/270963236 Janine]]> 2018-07-24 08:47:08 UTC https://padlet.com/itsupport4/1a0w5h6ely5m/wish/270963236 janine_muir3 https://padlet.com/itsupport4/1a0w5h6ely5m/wish/270964018 Invoices paid - transactions from journals are entered in relevant ledger accounts
Janine]]> 2018-07-24 08:52:50 UTC https://padlet.com/itsupport4/1a0w5h6ely5m/wish/270964018 Journal Entries - rebecca_schaab https://padlet.com/itsupport4/1a0w5h6ely5m/wish/271253578 When adding journal entries there must be at least 2 accounts where 1 has a DEBIT 
amount and at least 1 CREDIT amount.
Rebecca]]> 2018-07-27 02:20:32 UTC https://padlet.com/itsupport4/1a0w5h6ely5m/wish/271253578 General Ledger- rebecca_schaab https://padlet.com/itsupport4/1a0w5h6ely5m/wish/271253976 Post Journal entries to the ledger to come up with a balance for every account in the business e.g. Accounts receivable, cash and accounts payable
Rebecca]]> 2018-07-27 02:23:37 UTC https://padlet.com/itsupport4/1a0w5h6ely5m/wish/271253976 Trial Balance- rebecca_schaab https://padlet.com/itsupport4/1a0w5h6ely5m/wish/271254547 Transfer list of accounts from the General ledger to the trial balance to ensure the debit and credit columns balance/are equal to each other
Rebecca]]> 2018-07-27 02:29:53 UTC https://padlet.com/itsupport4/1a0w5h6ely5m/wish/271254547