Which of the Following Steps in the Accounting Cycle May

question 39

Multiple Choice

Which of the following steps in the accounting cycle may be performed most frequently?

• A) Prepare a post-closing trial balance
• B) Journalize closing entries
• C) Post closing entries
• D) Prepare a trial balance

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Definitions:

Amines

Organic compounds and functional groups containing a basic nitrogen atom with a lone pair, deriving from ammonia by replacing one or more hydrogen atoms with organic groups.

Soluble

Capable of being dissolved in a solvent, such as a liquid, especially water.

Water

A polar inorganic compound that is at room temperature a tasteless and odorless liquid, which is nearly colorless apart from an inherent hint of blue.

Tamiflu

An antiviral medication used to treat and prevent influenza, specifically targeting the influenza virus and inhibiting its reproduction.