Which of the Following Is the Third Major Step in the Accounting

question 133

Multiple Choice

Which of the following is the third major step in the accounting cycle?

• A) prepare the financial statements
• B) record the daily transactions in a journal
• C) prepare and post adjusting entries
• D) post the journal entries to the accounts in the ledger

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The process of assessing the arrangement, condition, or effectiveness of a physical or organizational structure.

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A secret series of characters that enables a user to access a file, computer, or program.

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