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sofpac 02 Accounting Cycle of a Service Business and Bank

sofpac 02 Accounting Cycle of a Service Business and Bank

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Published by teztdummy

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Published by: teztdummy on Jun 30, 2010
Copyright:Attribution Non-commercial

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04/28/2013

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Prepared by Alexandro Ponteras
yEnter additions, changes, and deletions to the charts
of accounts

yEnter and correct general journal transactions
yEnter adjusting entries
yDisplay account, journal, ledger, and financial

statement reports

yGenerate graphs
yComplete bank reconciliation
yGenerate and post closing entries

yIt includes all accounting activities, beginning with
entering transactions and ending with closing.
yIt is usually completed each fiscal period.

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