From the following list of steps in the accounting cycle, identify what two steps are missing: a. Transactions are analyzed and recorded in the journal. b. Transactions are posted to the ledger. c. An unadjusted trial balance is prepared. d. An optional end-of-period spreadsheet is prepared. e. Adjusting entries are journalized and posted to the ledger. f. An adjusted trial balance is prepared. g. Financial statements are prepared. h. A post-closing trial balance is prepared.
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Ответ:
d. Adjustment data are assembled and analyzed.
h. Closing entries are journalized and posted to the ledger.
Explanation:
The fourth step is missing which is to adjust the data. After the unadjusted trial balance is prepared, if the debit side and the credit side do not match, the data will need to be adjusted and that is what this step is for.
The penultimate step is also missing being the journalizing of the closing entries and posting them to the ledger. This is done to close out the accounts for the year and bring all accounts except permanent ones to zero.
Ответ:
The answer is:
- Having very flexible working hours
Being an entrepreneur means that you are the boss. This mean that you can set a flexible working hours that work for your personal life. You can arrange time meeting with your loved ones while not compromising your works
- The ability to use your creativity and turn an idea into something that generate money.
This make you able to make money from something that you are passionate about. This would make you less bored when working and make it easy for you to give an extra effort for you job.