1. Identify the principles of designing accounting information systems.



2. State all the steps in the accounting cycle.



3. Describe the use and structure of spreadsheet software and general ledger systems in computerized accounting information systems.



4. Explain how accountants and businesses use the Internet.



5. Explain the purposes of closing entries and prepare required closing entries.



6. Prepare the post-closing trial balance.



Supplemental Objectives

7. Prepare reversing entries as appropriate. Prepare and use a worksheet.



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