Craig's Design and Landscaping Services should appear on your screen. E10.1 Accounting Cycle Match the following accounting cycle steps with the appropriate description Accounting Cycle Descriptions a. Prepared at the end of the accounting period before preparing financial statements to bring the accounts up to date. b. Prepared during the accounting period to record exchanges with customers, vendors, employees, and owners. c. A list of all accounts used to accumulate information about assets, liabilities, owners' equity, revenues, and expenses. d. Prepared for external users and includes the Profit and Loss, Balance Sheet, and Statement of Cash Flows. e. Prepared after adjustments to verify that the accounting system still balances. Page f. Lists each account and the account balance at the end of the accounting period to verify that the accounting system is in balance-total debits should equal total credits Accounting Cycle Steps Accounting Cycle Descriptions 1. Chart of Accounts 2. Transactions 3. Trial Balance 4. Adjustments 5. Adjusted Trial Balance 6. Financial Statements



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