1. Enter transactions to the appropriate journals (Sales,


1. Enter transactions to the appropriate journals (Sales, Purchases, Cash Receipts, Cash Disbursements or General Journal). 2. Post to the appropriate sub-ledgers and general ledger accounts. 3. Give an income statement 4. Give a balance sheet 5. Post a Trial Balance


Image transcription text

General Journal Only use the general journal for
non—recurring or infrequent transactions, such as
issuance ofcommon stock and adjusting… Show more


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