Accounting Cycle

The Accounting Cycle is a series of steps which are repeated every reporting period. The process starts with making accounting entries for each transaction and goes through closing the books.

Visit College-Cram.com to read more about the Accounting Cycle, including tutorials on these concepts:

• Balancing an Unbalanced Trial Balance
  
• Preparing a Trial Balance
• General Ledger Accounting
• Financial Statements – Overview
• Debits and Credits
• Chart of Accounts
• Adjusting Entries in Accounting
• Accounting Cycle Overview
  
• My Accounting Cycle: Flash Cards
• Accounting Cycle Quiz

These tutorials should help you master basic accounting, and help you succeed in school or your job.