The First Four Steps in the Accounting Cycle, in Proper

question 162

Multiple Choice

The first four steps in the accounting cycle, in proper sequence, are ________.

• A) journalize, analyze the transactions, post to the general ledger, prepare an unadjusted trial balance
• B) analyze the transactions, journalize, post to the general ledger, prepare an unadjusted trial balance
• C) analyze the transactions, prepare an unadjusted trial balance, post to the general ledger, prepare an adjusted trial balance
• D) prepare an unadjusted trial balance, journalize, post to the general ledger, prepare an adjusted trial balance

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Definitions:

French Menace

Historically, this term has referred to the threat perceived or real posed by France to other nations, particularly during periods of conflict such as the Napoleonic Wars.

Whiskey Rebellion

A tax protest in the United States beginning in 1791, during the presidency of George Washington, primarily against the imposition of a tax on distilled spirits.

Democratic Societies

Democratic Societies are organizations or communities that operate on the principles of democracy, emphasizing equality, and the participation of members in decision-making processes.

Society of the Cincinnati

An exclusive hereditary society formed in 1783 by officers of the Continental Army and their French counterparts who served in the American Revolutionary War to promote fellowship and honor their service.