The document describes the accounting process with 7 steps: 1) Financial transactions are recorded in journals. 2) Journals are posted to ledgers. 3) Trial balances are prepared from the ledger to check for errors. 4) Income statements and balance sheets are prepared along with closing entries. 5) Adjusting and closing entries are made. 6) Financial statements and balance sheets are prepared. 7) Reversing entries are made at the start of the new period.

1. Accounting Process - Style 1
Financial
1 2 3
Trial
Transactions Journals Ledger
Balance
7 6 5 4
Income
Reversing Statements Closing Balance Day
Entries + Balance Entries Adjustment
Sheet
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2. Accounting Process - Style 1
Financial
1 2 3
Trial
Transactions Journals Ledger
Balance
7 6 5 4
Income
Reversing Statements Closing Balance Day
Entries + Balance Entries Adjustment
Sheet
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3. Accounting Process - Style 1
Financial
1 2 3
Trial
Transactions Journals Ledger
Balance
7 6 5 4
Income
Reversing Statements Closing Balance Day
Entries + Balance Entries Adjustment
Sheet
Put Text Here
Your Text Goes here. Download this awesome diagram. Bring your presentation to
life. Capture your audience’s attention. All images are 100% editable in powerpoint .
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4. Accounting Process - Style 1
Financial
1 2 3
Trial
Transactions Journals Ledger
Balance
7 6 5 4
Income
Reversing Statements Closing Balance Day
Entries + Balance Entries Adjustment
Sheet
Put Text Here
Your Text Goes here. Download this awesome diagram. Bring your presentation to
life. Capture your audience’s attention. All images are 100% editable in powerpoint .
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5. Accounting Process - Style 1
Financial
1 2 3
Trial
Transactions Journals Ledger
Balance
7 6 5 4
Income
Reversing Statements Closing Balance Day
Entries + Balance Entries Adjustment
Sheet
Put Text Here
Your Text Goes here. Download this awesome diagram. Bring your presentation to
life. Capture your audience’s attention. All images are 100% editable in powerpoint .
Your Text Goes here..
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6. Accounting Process - Style 1
Financial
1 2 3
Trial
Transactions Journals Ledger
Balance
7 6 5 4
Income
Reversing Statements Closing Balance Day
Entries + Balance Entries Adjustment
Sheet
Put Text Here
Your Text Goes here. Download this awesome diagram. Bring your presentation to
life. Capture your audience’s attention. All images are 100% editable in powerpoint .
Your Text Goes here..
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7. Accounting Process - Style 1
Financial
1 2 3
Trial
Transactions Journals Ledger
Balance
7 6 5 4
Income
Reversing Statements Closing Balance Day
Entries + Balance Entries Adjustment
Sheet
Put Text Here
Your Text Goes here. Download this awesome diagram. Bring your presentation to
life. Capture your audience’s attention. All images are 100% editable in powerpoint .
Your Text Goes here..
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8. Accounting Process - Style 1
Financial
1 2 3
Trial
Transactions Journals Ledger
Balance
7 6 5 4
Income
Reversing Statements Closing Balance Day
Entries + Balance Entries Adjustment
Sheet
Put Text Here
Your Text Goes here. Download this awesome diagram. Bring your presentation to
life. Capture your audience’s attention. All images are 100% editable in powerpoint .
Your Text Goes here..
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9. Accounting Process - Style 1
Financial
1 2 3
Trial
Transactions Journals Ledger
Balance
7 6 5 4
Income
Reversing Statements Closing Balance Day
Entries + Balance Entries Adjustment
Sheet
Put Text Here
Your Text Goes here. Download this awesome diagram. Bring your presentation to
life. Capture your audience’s attention. All images are 100% editable in powerpoint .
Your Text Goes here..
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10. All images are 100% editable in Powerpoint
“Change color, size and orientation of any icon to your liking”
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11. Ungrouping the object
1
3
1. Right click the object.
2. Choose Group and then Ungroup.
3. Click beside the object and drag the arrow over it.
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12. Edit Color
2 3
1
1. Select the shape to change the color and Right click the object( click any object which you
want to change color)
2. Choose Format Shape in the dialog box.
3. Choose “Fill” in the Format Shape box then “Solid” or “Gradient” depending on the
appearance of the object. Change colour as shown in the picture.
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