Accounting Cycle Word Scrambles

1. Business transactions are recorded as:

2. Transferring account balances from ledger accounts to trial balances is called _________ account balances.

3. Income statement accounts are closed at the end of a period to what temporary account?

4. Account format that displays credits, debits, totals, and a heading.

5. Ledger accounts are first posted to an ______________ before adjustments are made.

6. Changes made to account balances at year end before preparing the adjusted trial balance.

7. Journal entries record activities from what?

8. The next trial balance created after the unadjusted trial balance in the accounting cycle.

9. What is prepared after the adjusted trial balance is made?

10. Journal entries made after the financial statements are prepared.