The following contains the various steps of the financial reporting process. Place these steps in the proper order and indicate whether each step is a function of the TPS, GLS, or FRS. 384
PART II Transaction Cycles and Business Processes
Record transaction in special journal Make adjusting entries Capture the transaction
Prepare the post-closing trial balance
Prepare the adjusted trial balance
Prepare the financial statements
Journalize and post the adjusting entries Post to the subsidiary ledger Post to the general ledger
Journalize and post the closing entries
Prepare the unadjusted trial balance.