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| | | | | Principles of Accounting , 2002 Edition
Belverd E. Needles, Jr., DePaul University
Marian Powers, Northwestern University
Susan Crosson, Santa Fe Community College
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| | Learning Objectives
Chapter 4: Completing the Accounting Cycle
- State all the steps in the accounting cycle.
- Explain the purposes of closing entries.
- Prepare the required closing entries.
- Prepare the post-closing trial balance.
- Prepare reversing entries as appropriate.
- Prepare a work sheet.
- Use a work sheet for three different purposes.
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