Explanation should include how technology is used to facilitate completion of each of the following steps:
- Analyze source documents.
- Analyze each transaction.
- Journalize each transaction in the appropriate journal.
- Post transactions to the general ledger and subsidiary ledgers.
- Prepare schedules
- Prepare a worksheet.
- Journalize and post adjusting and closing entries.
- Prepare a post-closing trial balance.
- Prepare financial statements.