Accounting Information Systems 8th Edition by James Hall

تمرين 25

FINANCIAL REPORTING PROCESS
The following contains the various steps of the financial reporting process. Place these steps in the proper order, and indicate whether each step is a function of the TPS, GLS, or FRS.
• Record transaction in special journal
• Make adjusting entries
• Capture the transaction
• Prepare the post-closing trial balance
• Prepare the adjusted trial balance
• Prepare the financial statements
• Journalize and post the adjusting entries
• Post to the subsidiary ledger
• Post to the general ledger
• Journalize and post the closing entries
• Prepare the unadjusted trial balance