Which of the Following Depicts the Proper Sequence of Steps

question 117

Multiple Choice

Which of the following depicts the proper sequence of steps in the accounting cycle?

• A) journalize the transactions, analyze business transactions, prepare a trial balance
• B) prepare a trial balance, prepare financial statements, prepare adjusting entries
• C) prepare a trial balance, prepare adjusting entries, prepare financial statements
• D) prepare a trial balance, post to ledger accounts, post adjusting entries

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