Which One of the Following Is an Optional Step in the Accounting

question 78

Multiple Choice

Which one of the following is an optional step in the accounting cycle of a business enterprise?

• A) Analyze business transactions
• B) Prepare a worksheet
• C) Prepare a trial balance
• D) Post to the ledger accounts

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Definitions:

Retirement Savings

Money that has been put aside to be used during retirement, often in specific retirement accounts or investment plans.

Withdraw

To remove funds from a bank account, or to pull back an offer or participation in an activity.

Annual Percentage Rate

The Annual Percentage Rate (APR) is the yearly interest rate charged on borrowed money, encompassing both the interest rate and any associated fees, to represent the total cost of borrowing.

Per Month

The term per month is used to describe or quantify an event, action, or measurement over the period of a month.