Accounting homework help-discussions –

Business Finance –

Accounting homework help-discussions –

Accounting homework help!!!!

Need each question answered in 100-150 words each, also please use citations in apa format for each question. Book- principles of accounting-McGraw hill

What are the steps in completing the accounting cycle?

How do the different steps affect the financial statements?

What is the effect on the financial statements of missing a step when completing the accounting cycle?

How do these steps play a role in accrual basis accounting?

In what order are accounts arranged in the general ledger?


What is the purpose of a journal?

What is an audit trail? Why is it desirable to have an audit trail?