List the steps of the accounting cycle in their proper order.

The accounting cycle is all about managing, updating and reporting on the firm's accounts.

Explanation:

The accounting cycle can be listed in the following nine steps as:

Step 1: analyzing transactions as sales, purchase, etc Step 2: All the transactions need to be recorded Step 3: All the information should be transferred from journal to the ledger Step 4: An unadjusted trial balance should be formulated Step 5:Adjusted entries are prepared Step 6: An adjusted trial balance is constructed Step 7: a financial statement is prepared Step 8: Closing entries are prepared Step 9: The post closing trial balance is prepared