Accounting+40S

Depreciation.
 * Feb 24**

Prepaid notes and adjusting journal entries
 * Feb 23**


 * Feb 22**

The accounting cycle is the set of accounting procedures performed in each accounting period. The steps of the accounting cycle are: 1.Business transactions 2.Journalizing 3.Posting 4.Trial Balance 5. Financial Statements

Computer software has simplified the accounting cycle. The steps of the computer accounting cycle are 1.Business transactions 2.Data Entry(journalizing and posting) 3.generates journal, ledger, trial balance, financial statements and other forms at any time.


 * Review Handout**