Accounting Cycle Review
This mini-course is for those students who want to review the accounting cycle through a walk-through of an example. This mini-course will teach you to solve an accounting cycle problem. The lessons will go over the example prompt, journal entries, posting of those entries, unadjusted trial balance, adjusting entries, adjusted trial balance, income statement, statement of retained earnings, balance sheet, and closing entries.
This is a great review for those entering Intermediate Accounting.
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Welcome to this Mini Course
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Mini-Course-Walk-Through-Worksheet.pdf
869 KB
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Lesson 1 - Example Prompt
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Lesson 2 - Prepare the General Journal Entries - Part A - Entries 1 - 6
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Lesson 3 - Prepare the General Journal Entries - Part A - Entries 7 - 11
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Lesson 4 - Posting Journal Entries - Part B - Entries 1 - 6
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Lesson 5 - Posting Journal Entries - Part B - Entries 7 - 11
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Lesson 6 - Preparing the Unadjusted Trial Balance - Part C
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Lesson 7 - Adjusting Entries - Part D
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Lesson 8 - Preparing the Adjusted Trial Balance - Part E
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Lesson 9 - Preparing an Income Statement
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Lesson 10 - Preparing a Statement of Retained Earnings
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Lesson 11 - Preparing the Balance Sheet - Part F
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Lesson 12 - Preparing the Closing Entries - Part G
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Lesson 13 - Preparing the Closing Trial Balance - Part H