After All Closing Entries Have Been Journalized and Posted the Final

question 65

Short Answer

After all closing entries have been journalized and posted the final step in the accounting cycle is to prepare a ______________ trial balance.

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Definitions:

Business Activity

The various actions undertaken by individuals or entities engaging in commercial, industrial, or professional operations.

Tangible Product

Physical items that can be seen, touched, and owned, as opposed to services or digital goods.