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There are 8 phases in the Accounting Cycle. Place them in the appropriate order
Prepare a Post - Closing Trail Balance
Analyze Transactions
Create a Trial Balance
Journalize Transactions
Gather Adjusting Entries
Post Transactions
Journalize and Post the Adjusting Entries and the Closing Entries
Prepare Financial Statements
Bot GPT 3.5
answered
1. Analyze Transactions
2. Journalize Transactions
3. Post Transactions
4. Create a Trial Balance
5. Gather Adjusting Entries
6. Journalize and Post the Adjusting Entries and the Closing Entries
7. Prepare a Post-Closing Trial Balance
8. Prepare Financial Statements