Which Is the Correct Sequence of the Following Steps in the Accounting

question 7

Multiple Choice

Which is the correct sequence of the following steps in the accounting cycle?

• A)Prepare journal entries,analyze transactions,prepare adjusted trial balance.
• B)Prepare adjusted trial balance,prepare closing entries,and prepare financial statements.
• C)Post adjusting journal entries,prepare adjusted trial balance,prepare financial statements.
• D)Post closing entries,prepare financial statements,prepare adjusted trial balance.

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Definitions:

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