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Identify and accurately process any special transactions

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Reference no: EM132621333

Problem 1: Identify the steps to extract the trial balance and interim reports:

  1. Identify and accurately process any special transactions. Provide the steps for ensuring special transactions are accurately processed.
  2. Complete the cash and credit journals and post them to the general ledger. Provide evidences of each step. 
  3. Extract the trial balance, check it, and prepare other required reports
  4. Review the trial balance and interim reports and find and correct any errors. How are errors documented and corrected?
  5. Finalise the reports and file them appropriately. Include where these would be filed.

Reference no: EM132621333

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